by the time they're done with the full-ratchet anti-dilution protection, as well as paying interest on the bonds, there will be 200 million shares outstanding.
"if the Company issues Common Stock or is deemed to issue Common Stock for a consideration per share (the “New Issuance Price”) less than a price equal to the Conversion Price in effect for each series of Notes immediately prior to such issue or sale or deemed issuance or sale (the foregoing a “Dilutive Issuance”), then, immediately after such Dilutive Issuance, the Conversion Price then in effect for each series of Notes shall be reduced to the New Issuance Price"
So this was Israel's bug on the wall?
Contractors always have the right to take or decline a job. But, when you go to a store the option does not exist. The store can't say "I only sell to black men or good looking white men" - otherwise, you'd go around barefooted.
On a new thought they had contract w/ city of Ames, to create 150 jobs by earlier Mar.this yr and were short of that don't know what happened with that but I know they had to pay it back for each one they did not create.
Insider sales (about 330K shares over the last few months are ALL option related. As someone indicated they are program sales (option grants are exericed when awarded and sold) they have nothing to do with how the company is doing. The FACT that the company has been increasing credit lines, setting up manufacturing agreements and running test batches of its MYDICAR ahead of April, and the FDA has awarded CLDN's MYDICAR "Breakthrough Therapy" designation all means: THE UPSIDE COULD BE HUGE! Right now the upside far outweighs the downside risk. If you are nervous, sell the May 30 calls on your shares for $7.50. You limit your upside to $37.50 and protect your downside to $13 and change. But if things pan out on the MYDICAR trials and FDA gives them approval to bypass phase three trials, this stock will go to 50, 60 or more.
Why did Scott Reinke , Chief Legal Officer, sleeping over month, smoking grass and don't sell few of the patents and Local Corp needed an expensive, extreme criminal structured and dilutive financing?
And now you can read in 10-K: "On March 9, 2015, the Company entered into a securities purchase agreement relating to the sale and issuance of senior convertible notes. This agreement obligates us to sell these patents by December 31, 2015. (see Note 9 to consolidated financial statements).
My question to the sleeping and grass smoking criminal Scott Reinke: Why did you not sell before the agreement and make the agreement not necessary.
Or will the criminal management do a second robbery additional to the expensive and dilutive financing and sell the patents for peanuts to other bandits and organisations, who are paying the management for the criminal activities?
How many days since the earnings release? There has been enough time for them to buy if they want to. They just don't want to buy, period.
Those are online Gale predators employed by Cramer, Adam Feuerstein and the like to do maximum damage.
They say stupid things like bib is down. 15 % blah blah blah then they copy each other. What a waste of time.
tOASt is going to zero..... How does one spell "BANKRUPTCY" and does one expect lawsuits and liens won't also be filed against tOASt. Hmmmm, these guys can't be sleeping well and the Hedge Funds who blew their brains out trying to save these executives must be fraught with rot LOLOL Oh well, when it hits $5, I'll cover and let the rest be swallowed up by whomever can wait for B.K. to officially happen.
creative for a #$%$ racist that eats possum.