Conversion Solutions Holdings (fka CSHD)

[user61193]

i got muted in the conference for bringing this question up.

no one has answered me yet.

he said "most likely" they would exercise option C, but he skipped over A really fast. i know, i was listening and waiting to hear the explanation.

can someone elaborate on the option in 2.6 A:
"In the event that the Actual Average Closing Price is less than $15.00... Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; ..."

and for the record, everything else was a big positive. i just dont like this open-ended option. hope someone can debunk it.

thx ~BB