NOTES DISCUSSION AWESOME NEWS FOR SHAREHOLDERS!!!!!!!!
There have been some bad and ludicrous *theories* that note conversions are in the billions, and they are absolutely untrue. Proven by factual evidence from the 10Q and posted below. Now all those so-called theories have CLEARLY and FACTUALLY been debunked in full. Here is the MAXIMUM *potential* note conversion for all notes due up to today's date:
Now what is particularly interesting is that as of last Monday, both the IR and the CEO, verified by email that the OS is only 107M
. Here is evidence that Garrett has been paying off notes in CASH from the 10-Q, even paying hefty pre-payment penalties. What does this mean for shareholders?
It means very simply - that Garrett Parsons has been extremely successful in paying off notes or re-negotiating them to the future with better terms and using hedge funds such as Eagle Equities to make sure the float remains relatively unaffected. He has managed to prevent over 230,000,000 from converting on shareholders.
Which means massive amounts of notes have been paid off!! How? Most likely with cash from deals, including the Romeo IP deal that was announced. It also means that the most recent price action has been caused 100% by retail and shorts. CONFIRMED AGAIN. What about notes coming due in the next three years?
Those all have percentage of price
discounts and are very favorable to the company
. They will convert to a very minimal amount of shares, but more likely, will be paid off.
In VERY CERTAIN terms, it looks VERY good for shareholders. It looks fantastic, and it also provides great supporting evidence that GP is taking care of OMVS in a FANTASTIC way for shareholders. This is exactly what the market needed to know and the 10q will show how much progress has been made.