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PMED looking good finally...
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[QUOTE]Originally posted by JimSC: [QB] Some investing company has taken the risk of 1 M$ for PMED. So just gamble 200 with a potential pay off of 5X to 10X. This is a good gamble. I expect more PRs and sale contracts in the next two weeks. To win the game, you need to get in early and never chase the run. **** From Ihub - about the new 8K: Posted by: fillinggood In reply to: None Date:1/7/2008 9:32:03 AM Post #of 2197 What's good is what is implied in the stipulations IMHO. The financiers are limited to the amount of shares they can obtain by note conversion to under 5% of the company's outstanding shares, so as the stock price would rise, they could not accumulate a number of cheaper shares that would result in company ownership thru stock. this protects the company and us in our pps. Also, they now have prepayment stipulations on the loan which means that PMED feels they will have a good enough sales and profits to pay loans off early. This is all good news for the company and us IMHO. [/QB][/QUOTE]
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