I totally agree with you. that is the worst scenario.
Question is who is the holders of CVSU, I mean if most of CVSU O/S are holded by insiders(especially the CEO, CFO and other officers), and they choose to change their shares into note or return to treasure, as compension they receive options.
Someone here (who talked with new CEO) said that the NEW CEO told him/her the company is aggresively buying the stock from market.(very good sign).
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