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Re: Renegades17 post# 982

Friday, 09/22/2017 6:46:32 AM

Friday, September 22, 2017 6:46:32 AM

Post# of 186021
Also keep in mind

The debt incurred, which amounts to ~$700k, is really trivial in relation to the existing contracts that they have. The legal liability was a noose that prevented more favorable financing from being secured. That shouldn't be a problem now or as soon as the separation is affected.

We'll learn more on the call today, but I don't view the converts as being an issue. They'll get refinanced before conversion IMO.