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Re: TrueTrades post# 4153

Tuesday, 06/03/2014 12:28:31 AM

Tuesday, June 03, 2014 12:28:31 AM

Post# of 5077
Here I'm citing:

>>If a new investor agrees to invest only on the condition that the convertible note holders waive some, or all, of their rights, your original investors are between a rock and a hard place. They are faced with the decision of giving up all those financial benefits that you had promised them, coming up with additional money themselves, or let the company crater<<

http://www.andrew.cmu.edu/user/fd0n/27%20Convertible%20Notes.htm
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