InvestorsHub Logo
Followers 34
Posts 7627
Boards Moderated 2
Alias Born 09/29/2011

Re: Mondragon post# 51374

Thursday, 10/05/2017 4:12:14 PM

Thursday, October 05, 2017 4:12:14 PM

Post# of 54195
If the noteholder is defunct then I wonder why they were given such sweetheart terms on the convertibility

You're hinting that the debt may not convert, which is possible. But if the business plan of this company is simply to hope that debt collectors never show up, then that's a pretty sloppy way to run a company.