"EMC2 - I thought I read a few days ago that Lind could not sell...

"EMC2 - I thought I read a few days ago that Lind could not sell until July/Aug ?"

ian, you post me where their ann says that re the terms of the LInd share tranches,
do yourself a favor and read the ann, it's there in b/w

BTW you can cut and paste it - it's fine by me.

Your calls so far have been quite misleading especially to those who don't know much about the stock and would have had a quick look in on the day she was being pumped, that is why I have tried to keep this and other threads balanced

eg. (start of this thread)
Possibly another busy day with someone wanting to get on board already at .06 but will wait to see what happens at opening

I will help you out with this extract, BUT NOTE it's on the convertible security:

"On commencement, GGP will issue an unsecured Convertible Security with a face value of $550,000 and a term of 24 months at a zero% interest rate. Lind may convert at any time during the term but not within the first 120 days. The conversion price will be the lesser of AU$0.006 or 90% of the average of three daily VWAPS during a specified period prior to conversion.

BTW this 120 days is fast approaching so I suppose we can expect around another 200 mil+ shares to be added on in July just from this alone plus the ongoing monthly share tranches which could add around up to 120 mil /month as well