I am not entitled to speak on his behalf, but I read his statement as claiming that SVFC will actual have to issue 81 billion shares to cover the debt is not going to happen. No one is arguing the fact of the next conversion price. I just think it might be a little far fetched to say all of the remaining YA debt would be converted at the same low price. But hey, who knows. It's like saying there might even be a boogie man...Just because we haven't seen it doesn't mean it can't exist.
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