why is the share oprice going down ?
Convertible into COMMON STOCK Note
. The Bridge Note would convert to Series E Convertible Preferred Stock ("Series E Preferred Stock") upon consummation of the proposed Phase 2 investment and would bring the total C Media Phase 2 investment in YOU On Demand to $12 million USD (the Bridge Note conversion plus an additional issuance and purchase of $10 million USD of Series E Preferred Stock).
In addition, C Media and YOU On Demand have agreed to extend the Phase 2 investment deadline from October 31, 2013 to December 4, 2013. The Phase 2 purchase price remains $1.75 per share for Series E Preferred Stock and C Media has granted the Company the one-month extension for executing definitive documentation and satisfying the original closing conditions, as set forth in their agreement.
obliteratetyranny 1 post | Last Activity: 14 hours ago Member since: Dec 5, 2013
trust U ... HECK NO..
DECREASING REVENUES.NO ALIAS BEING PRODUCED, NO SUBSIDY REIMBURSEMENT FROM PRC AND NO 8-K RELEASED TO TELL YOU THIS IS HAPPENING MEANS NO COMPLIANCE WITH RULES CONCERNING PUBLIC COMPANIES..
AND U want to send your money over to CHINA to help them YOU MUST be a paid SHILL
RUN AWAY FROM A COMPANY LIKE THIS.. SELL
YES i saw you pumpers pushed NURO FRO 1.50 TO 3.00 THEN A SELLOFF TO 2.08 LAST NIGHT. sounds suspect to me..
mid 2014 BUT not with DOW AT 16,000 TOO MUCH OTHER froth in the market like TWTR VALUED IN THE 40'S.. lol puh ;eeze..
did you expect anything less then that from the WANGS? lol and no electric vehicles called Alias produced this quarter either
2 days ago, frankly I think ever since the last CFO left and Schneider ran off with the retail car lot and stole $$$ from the company. This company is about toilets flush from a 'going concern'
Pharmaroo put 30 posts on OXBT board pumping this stock..lol
its a figment of your imagination..but CHINESE don't pay for medical devices... they copy them and steal the IP..
No idiot Mutual Fund companies don't buy under 5.00 Big Pharma buys under 5.00 all the time.. Where is Lilly Roche or Norvo Disk if this company had a reliale diabetes product they would be here already..
or was that just a ploy to bump the price up higher...