For 180, then they can sell the stock at 40% of the lowest price in the last 25 days... Currently, just this loan could result in over 70mil shares flooding the stock.
That is why I am worried. We have 2 such loans now, and there are 2 options. Either the loans are paid back in 90 days or they don't. If they do we are all good and happy, but if they do not, we have large amounts of stocks waiting to crush us. These loans are terrible and basically light the fuse.
The fuse appears to have 180 days on it (less for the first loan) and the only way to stop it, as you say, is to get permit which could take several months. Are we sure that it is even possible to pay these loans back on time.
I know people are going to want to say I am bashing, but I am looking for information. All the angry PMs dont help either. We don't need the pumping and bashing we need discussion.
This is my last post for the day, so hopefully we see some better discussion and less all caps yelling and blind pumping/bashing.
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