"And my hunch is xkem's lending entity might just have wanted to see xkem's authorized shares increased as another condition of making the loan, not for any loan conversion, but just to see xkem have some means to raise money for future loan repayments in case things do not go as scheduled. JMHO."
This makes perfect sense as I have been alittle confused about the increased AS. This would put the loan approval timing after the shareholders meeting since it has to go to a vote.?.? Am I off here??
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