My reading of the convertible security aggreement as advised (in...

  1. 98 Posts.
    My reading of the convertible security aggreement as advised (in brief) to the market on 20/4 said the conversion price was 85% of the average share price for the 5 days prior. Since when is .001 85% of .002 ?
    And if the average becomes .001 will he get the shares for nix or will we have to pay him another $20,000 to take them as we did with the original aggreement, just to keep him a happy little soph.
    He probably also sells snake oil on the weekends.
    This deal sucked from the start and now stinks beyond explanation.

    Sentiment - Totally peeved off.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.