RE:RE:RE:News - Sproutly Amends Conversion Price of Convertible Deb..What you could redeem for .75 you can now redeem for .105... nope that doesn't sound positive to me? What are we missing?
Zookie wrote: so, the conversion price change from .75 to .105. That basically increases the share dilution 7.5x? If so, that can't be a positive thing.
I am not familiar with this instrument, so hopefully incorrect.