Sunday, March 12, 2017 10:53:17 AM
It's a tiny amount for a company that is going to exit the year at $100mm in revenue. It also doesn't convert until late August at the earliest. The R/S will be done by then and the converted shares will be for a low share amount.
It's a really small amount of working capital until they can get a credit facility established. I don't view this as a big deal.
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