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Friday, September 29, 2017 1:52:22 PM
Really the only MM i know of is VNDM.... 99.9% it means a big steaming turd of toxic note dilution.
There will certainly be some dilution on this one but I don't see any on the docket near term. We know about $1M worth of notes were put on the books but they are due quite a ways out.
Not sure if WW plans on raising funds in another fashion to squash those notes or just let them convert. Either way it'll cost shares but I would prefer equity financing of some sort as the notes must typically be held for 12 months.
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