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Friday, July 11, 2014 8:49:07 AM
what if they decide to run an entire debt deal and have sweetheart conversion rates for the debtholders (friends and family)? You bypass and dilute the retail holders at the same time.
makes sense to me if I was CEO or CFO. they are not a mega public company with people who have earned their way to the top. it's all about an oligarchy that will do whatever it can to benefit the few.
here's the one constant in this whole thing...it will all play out in a way that most of us could not have anticipated.
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