Friday, November 17, 2017 10:25:32 AM
That's not entirely true. The $2.5M was raised with convertible notes or what we are referring to as here as 'toxic notes'.
The difference is Steep Hill is not traded on the market and basically 'set' their market cap at $75M. They are also private meaning these notes cannot easily be sold or 'dumped'
But... I will not disagree that the notes have been very bad for us.
Would be nice to see us sell some convertible preferred shares where the price is already set ahead of time and not determined by lowest pps etc. and with a longer hold time.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM