I am confused by your post. If it is not toxic debt what do you call a convertible with no floor? The President even stated he doesn't know how much dilution there will be. Given it was 37 mill and now he is talking about over 80million shares that is massive dilution. This will be delisted from NASDAQ soon unless there is a big reverse stock split.
When there is confusion it is usually done by design. I think the shareholders are getting screwed.
Acquisition:
Do you think the acquiring company will still want to be bought out by a company who's share price drops every single day for a couple months straight and is about to be delisted and dropped to OTC?
FEATURED ELEMENT79 GOLD CORP PROVIDES UPDATE ON CHACHAS COMMUNITY CHARTER AND REVENUE GENERATION, M&A ACTIVITIES • Jul 30, 2024 8:00 AM
Avant Technologies Opens Equity Line with GHS Investments as Company Explores Expansion into Additional Technologies • AVAI • Jul 30, 2024 8:00 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM
Cannabix Technologies to Deliver Innovative Breath Logix Alcohol Screening Device to Texas, USA • BLOZF • Jul 29, 2024 9:07 AM
BNCM AND DELEX UNVEIL POST-MERGER MANAGEMENT PLANS • BNCM • Jul 29, 2024 9:00 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM