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Re: RiskReward1 post# 50818

Wednesday, 05/17/2017 3:21:35 PM

Wednesday, May 17, 2017 3:21:35 PM

Post# of 81999
I agree. I view this as positive. The company gets to keep the proceeds from what was originally a loan and removes the debt; and the original note holders opt to convert to equity because they think the value of Sigma's stock will increase.

As for present shareholders, yes, there is some dilution by virtue of the increase in outstanding shares, but this is offset by increase in book value with elimination of the debt.
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