AMLH - Read This. We don't like toxic financing as shareholders, but could you imagine being the bank here?
Why the hell wouldn't I convert as many shares as possible and sell to get my money back when the person who promised to pay me in the first place couldn't?
If I lend you $10,000 and you say I can't pay you anymore after $2,500.. you better believe I will convert remaining dollars to shares and dump on the open market. Unfortunately sometimes, these companies can only get toxic financing because it's not easy to get money as a startup. most SBA loans need to see solid sales for 3 years before getting a loan, which is hard enough to make a business successful before even getting your LOAN!
Give it some time here, and this stock could be back over .01+
I know the esports industry, and I see how fast they are getting everything together.
Have some patience, and if you have extra money to throw at it, nows the time.
Goodluck people.
