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By: teecee in IDCC | Recommend this post (0)
Wed, 11 Apr 12 6:47 PM | 373 view(s)
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Msg. 44871 of 48237
(This msg. is a reply to 44870 by Cdog)

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nope....either way dilution is less than 10% and then only after the px reaches 65....even though the conversion on the bonds is 57




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The above is a reply to the following message:
Re: bond information......you reap what you sow
By: Cdog
in IDCC
Wed, 11 Apr 12 6:29 PM
Msg. 44870 of 48237

Interesting info teecee. I have a question. I believe the conversion value of the entire bond issue would be roughly 10% of the total IDCC shares outstanding correct? If an entity were to accumulate enough of these bonds to give them a 5+ % stake in the company upon conversation, would they be required to disclose their position before the conversion took place? tia


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