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Worst Stock Ever?? INCREDIBLE?? Post Reply Rate topic
nngeeh Veteran	07-Jan-2022 10:47        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Death spiral debt will apply for  convertible bond with conversion price that is based on the current market share price (or 90% of current market share price. Example of the conversion price for the " magnus convertible bond" is as below. Conversion Price   - 90% of the average of the traded volume weighted average prices per Share for any three (3) consecutive Trading Days as selected by the relevant registered Noteholder during the 30 Trading Days immediately preceding the relevant conversion date on which Shares were traded on the SGX-ST.  They will push down the share price and issue new shares at 90% of that lower price.. After issuing with new shares, they will dump and the share price will push further down which allow them to get new share at that lower price ... and this process continue which will cause the spiral.... However, if you read the announcement for incredible, the conversion is fixed at 0.004. There is no point to keep pushing the share price if they are getting at a fixed conversion price of 0.004 as below. The death spiral doesn' t apply to Incredible convertible bond.  Conversion Price : S$0.004 The Conversion Price of S$0.004 represents a premium of 27.39% to the weighted average price of S$0.00314 for trades done on the SGX-ST for the full market day on 30 December 2021, being the last full market day on which the shares of the Company were traded prior to the signing of the Subscription Agreement on 31 December 2021.  This is not a buy/sell call. Just want to point out that death spiral doesn' t apply here. JoelMiller      ( Date: 07-Jan-2022 06:17) Posted: --- Post Removed by User ---
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MakeChanges Elite	07-Jan-2022 07:49        MakeChanges About Contact  Quote this Post! Style: Flexible   Mood: Yells: "No price is too low for a bear or too high for a bull"
x 0   x 0  Alert Admin	INCREDIBLE TO ISSUEISSUEISSUEISSUE S$9.0 MILLION IN BONDSS$9.0 MILLION IN BONDSS$9.0 MILLION IN BONDSS$9.0 MILLION IN BONDS CUMCUMCUMCUM WARRANTSWARRANTSWARRANTSWARRANTS ANDANDANDAND TOTOTOTO INVEST S$9.0 MILLION INTO NTEGRATORINVEST S$9.0 MILLION INTO NTEGRATORINVEST S$9.0 MILLION INTO NTEGRATORINVEST S$9.0 MILLION INTO NTEGRATOR - Group entered into a proposed subscription agreement with Ntegrator International Ltd (' Ntegrator' ) to invest S$9.0 million in 0% perpetual convertible bonds that can be converted into new ordinary shares of Ntegrator at S$0.003333 per share and 10.0 billion free warrants with the right to exercise into one new ordinary share of Ntegrator at S$0.003333 per warrant (' Ntegrator Warrants' ) - Separately, Group to issue 0% perpetual bonds worth S$6.9 million, 0% perpetual convertible bonds of S$2.1 million convertible into new ordinary shares of Incredible at S$0.004 per share and 1.0 billion free warrants with the right to exercise into one new ordinary share in Incredible at S$0.0016 per warrant (' Incredible Warrants' ) - To the benefit of shareholders, Group to undergo a Proposed Capital Reduction to redistribute 9.9 billion Ntegrator Warrants to entitled shareholders, in proportion to their respective shareholdings in Incredible, on the basis of one Ntegrator Warrant for every one ordinary share in Incredible at zero cost to the shareholders except for the exercise price of the Ntegrator Warrants
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MakeChanges Elite	06-Jan-2022 15:23        MakeChanges About Contact  Quote this Post! Style: Flexible   Mood: Yells: "No price is too low for a bear or too high for a bull"
x 0   x 0  Alert Admin	tankoksee      ( Date: 06-Jan-2022 14:53) Posted: poh mata chu ah...
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tankoksee Supreme	06-Jan-2022 14:53        tankoksee About Contact  Quote this Post!
x 0   x 0  Alert Admin	poh mata chu ah...
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MakeChanges Elite	06-Jan-2022 14:51        MakeChanges About Contact  Quote this Post! Style: Flexible   Mood: Yells: "No price is too low for a bear or too high for a bull"
x 0   x 0  Alert Admin	Will you be making a police report on this matter? tankoksee      ( Date: 06-Jan-2022 14:44) Posted: cannot believe the syndicates playing with retailers $$ using sham cos n scam the $$ out of retailers...liked those phones ringing nonstop asking u to click the link/transfer $$, ministry of health, kidnapping, funds transfer, love scams..etc these group v v smart..using sgx to rob retailers hard-earned saving $$
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tankoksee Supreme	06-Jan-2022 14:44        tankoksee About Contact  Quote this Post!
x 0   x 0  Alert Admin	cannot believe the syndicates playing with retailers $$ using sham cos n scam the $$ out of retailers...liked those phones ringing nonstop asking u to click the link/transfer $$, ministry of health, kidnapping, funds transfer, love scams..etc these group v v smart..using sgx to rob retailers hard-earned saving $$
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tankoksee Supreme	06-Jan-2022 14:28        tankoksee About Contact  Quote this Post!
x 0   x 0  Alert Admin	1/2 otw...
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lucskywalker Senior	06-Jan-2022 14:22        lucskywalker About Contact  Quote this Post!
x 0   x 0  Alert Admin	like a kid JoelMiller      ( Date: 06-Jan-2022 12:04) Posted: --- Post Removed by User ---
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lucskywalker Senior	06-Jan-2022 11:53        lucskywalker About Contact  Quote this Post!
x 0   x 0  Alert Admin	I can read.  And I have read everything you posted, both the " reports" and your comments.  but again, you talk about death spiral , and there is no talking about death spiral. You are basically spreading false rumors and information. It' s not even your " thought" . You did not read the headline even.   JoelMiller      ( Date: 06-Jan-2022 11:43) Posted: --- Post Removed by User ---
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lucskywalker Senior	06-Jan-2022 11:37        lucskywalker About Contact  Quote this Post!
x 0   x 0  Alert Admin	says Joelmiller who doesn' t read JoelMiller      ( Date: 06-Jan-2022 11:33) Posted: --- Post Removed by User ---
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MakeChanges Elite	06-Jan-2022 11:05        MakeChanges About Contact  Quote this Post! Style: Flexible   Mood: Yells: "No price is too low for a bear or too high for a bull"
x 0   x 0  Alert Admin	lucskywalker      ( Date: 06-Jan-2022 10:53) Posted: not long enough in either ntegrator or incredible, but baseless claims without even reading the headline of what is going on is just too much.
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lucskywalker Senior	06-Jan-2022 10:53        lucskywalker About Contact  Quote this Post!
x 0   x 0  Alert Admin	not long enough in either ntegrator or incredible, but baseless claims without even reading the headline of what is going on is just too much.
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MakeChanges Elite	06-Jan-2022 10:44        MakeChanges About Contact  Quote this Post! Style: Flexible   Mood: Yells: "No price is too low for a bear or too high for a bull"
x 0   x 0  Alert Admin	Once you are long enough in SJ, you will know that there are alot of members who spread baseless and untrue information. don' t be so worked up.. take it easy. lucskywalker      ( Date: 06-Jan-2022 10:35) Posted: i am not expert .. but a bit more intelligent than those guys talking rubbish without even reading the headline. especially the joelmiller Ntegrator gets funding and money from warrants if exercised.
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lucskywalker Senior	06-Jan-2022 10:35        lucskywalker About Contact  Quote this Post!
x 0   x 0  Alert Admin	i am not expert .. but a bit more intelligent than those guys talking rubbish without even reading the headline. especially the joelmiller Ntegrator gets funding and money from warrants if exercised.
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ryanlee1303 Member	06-Jan-2022 10:12        ryanlee1303 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can advise what it means for Ntegrator please?
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lucskywalker Senior	06-Jan-2022 10:12        lucskywalker About Contact  Quote this Post!
x 0   x 0  Alert Admin	capital reduction has no effect on the share price. second proposal to distribute 9.9 billion ntegrator warrants to shareholders is that death spiral?  " boy" , actually seems you did not read properly.
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lucskywalker Senior	06-Jan-2022 09:54        lucskywalker About Contact  Quote this Post!
x 0   x 0  Alert Admin	@joelmiller where is there any example of a death spiral stock? it' s a criminal act to spread wrong information. if you go read the announcement, there is not a single sentence that would signal this is a death spiral stock.
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MakeChanges Elite	06-Jan-2022 08:56        MakeChanges About Contact  Quote this Post! Style: Flexible   Mood: Yells: "No price is too low for a bear or too high for a bull"
x 0   x 0  Alert Admin	JoelMiller      ( Date: 06-Jan-2022 08:55) Posted: --- Post Removed by User ---
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MakeChanges Elite	06-Jan-2022 08:50        MakeChanges About Contact  Quote this Post! Style: Flexible   Mood: Yells: "No price is too low for a bear or too high for a bull"
x 0   x 0  Alert Admin	Best is to avoid buying moonsun      ( Date: 06-Jan-2022 08:46) Posted: Another Incredible scam.. :( getting too many here
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moonsun Veteran	06-Jan-2022 08:46        moonsun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another Incredible scam.. :( getting too many here
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