Monday, August 21, 2017 10:57:42 PM
We'll kind of...
So Q's not great but not horrible. Not happy that the last 21million shares converted between 0.0069-0.0076 (for the notes originally due on the 26th) per share but at least they converted prior to this week and are no longer an overhang, without any obvious signs of collusion.
Still a little worried this recent downward pressure could be note holder 3 trying to get a better price for the 51k left on their note, which had previously on been partially converted. Next Q should tell that story but if it were me I'd want to convert before the r/s.
Hopefully the next notes will be paid and not allowed to convert but only time will tell - at least we have some time! Optimistically hoping and looking forward to the first paid off and non-converted note being the March 2018 one!
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