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Alias Born | 02/27/2014 |
Thursday, November 20, 2014 11:23:06 AM
I thought the surrender of preferred shares were in exchange for capital for a broke company....
Also, stock options are worse tax wise than restricted stocks and not any better incentives if exercise price is zero and vesting is given.
Musclepharm got too many excuses for diluting the stocks and keep the ownership in own hands...Good luck with raising capital or getting a loan....I would demand a clause regarding dilution in any Pipe deal if I were an investor...and demand hard lending rates for credit, like 100 basis point per month.
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