GREY:ISOLF - Post by User
Post by
kazzmanon Oct 28, 2018 12:06am
54 Views
Post# 28883486
I stand corrected
I stand correctedTK and Velentine had their case dismissed 11 years later
Here is death spiral basics
Death-spiral financings offer needed capital to small public firms. Investors typically receive debentures or preferred shares that are convertible into common stock. A death spiral is triggered by a reset provision -- the more a stock price falls, the more shares a debenture holder gets, resulting in crippling dilution.
Here is more in depth
https://www.fool.sg/2017/08/14/a-warning-to-penny-stock-investors-do-you-know-about-death-spiral-financing/