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Alias Born | 03/13/2017 |
Thursday, October 19, 2017 9:59:58 AM
Why would somebody even offer money to a company on convertible terms... if the company can get out before any conversions... risk not getting paid back while not having any upside?
It is obvious there are restrictive covenants preventing us from just redoing it. I would not give someone money, unless I restricted their ability to cut me out before I got mine.
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