Thursday, October 19, 2017 2:41:48 PM
The converters do not expect to be repaid. They will make back their investment, and then some, based on converting and selling shares. They have a built-in discount. They will continue to convert under the bid and sell into it. They will do this until the company reaches its limit for authorized shares, and THAT is when the fireworks start.
So yes, they will wait. They are fully prepared to be patient. They will get their money. They are the hammer. You are the nail.
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