OTCQX:BGMZF - Post by User
Comment by
ovison Aug 14, 2012 10:15pm
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Post# 20218207
RE: RE: The Sky is Falling!
RE: RE: The Sky is Falling! Now Bigbab, be nice. The name is Ovis.
>>/...and those convertable debt holders also have a huge equity position<<
Well that equity position may be a little bit smaller when the BGM train gets back on the tracks.
But seriously, their equity position included the 85 cent warrants. Well those are likely going to be toast, especially if the company isn't trading at the end of August. I'm not even sure what happens when warrants expire in a halted stock. I expect you are sol.