$RMSL this may actually be at rock bottom here. Unless they say their folding their tent, this could be about as low as it will go as long as their trying to stay in business.
$RMSL OK so based on the tweet we just saw below? I think my theory is correct. They are not only allowing the financier of the $68 K debt to convert early so that the balance sheet is clean for any future merger/buyout, but it appears that there are some internal transactions going on between insiders to raise money by selling unrestricted shares to others who can assist the company later or to finance a merger in the near future. Now things are making more sense. Things could get very exciting around here very soon. This is very good news and a timely tweet by Mina Mar.
$RMSL @edayallday If this is factual info from Mina then we should all celebrate. The fact they say only preferred shares are being sold to accommodate a merger candidate spells they are going to sell the company or merge with a much larger health corporation. Green is where we should be today and everyday till deal is announced. I actually am going to buy more shares tomorrow for the first time in a year!!!!!
$RMSL @Threeflight
OTCN has been on the ASK doen here. Definitely converting shares. New mgmt so far has done nothing to instill any confidence for investors. Not sure how much debt is left to convert on latest round but this could easily.go back into mid trips
$RMSL At this point I am almost thinking this is some sort of pre arranged share exchange between parties at a certain price rather than pure dilution. I think the convertible is being converted, but there has to be something else going on here. Reason I say that is because the amount of AVG t trades the past 3 weeks far exceeds the amount of dilution shown on OTC markets today and is way more than what the convertible called for. And yet the OS was only up 55 M shares. The unrestricted rose the same amount as the OS.
Is an insider filling someone else at a set price so they can load up cheap and help the new company management raise funds and the stock when the time is right? In other words doing a convertible without actually going through a finance company? For example that 8 M that was just sold. At this point who knows but it kind of makes sense. Like I said yesterday the only way we will know this ends is when the new company starts to talk. Right now they are quiet.
