If they made a small change in paperwork to "benefit" themselves, they are required to submit another 8-K prior to any change taking effect.
These convertible notes are due in 2019, "ten days prior to issuance" etc. Plus, we still need the super 8-K to finalise everything; these convertible notes are not even authorised yet! To say that it's happening now, IMO is flat out wrong.
Also, we speculated that this company is headed to the "big boards". Why screw themselves? This is a private company trying to go public.
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