RE:RE:New Press Release - Sirona Biochem Announces Close of Oversubscribed Debenture Financingnavajojoe wrote: So Howie took a third of this financing (that should have never been needed if we hadn't gotten screwed by Abbvie).
Not much risk taken by looking at the terms, but lots of upside for him if things work out.
Too bad it wasn't offered to shareholders.
So where does the fine Doctor come up with $500,000 for this purchase? Does a local Dr. make that kind of bucks? He would have to sell 5 million shares of SBM at 10 cents to raise $500K for the debenture.???