Thursday, December 07, 2017 4:06:57 PM
SVTE is constantly borrowing money just to remain operational. Every note converts with a 20% instant + 50% conversion discount.
This means: every $0.40 that CEO borrows results in $1.00 in new shares being created.
No matter how much money he borrows to buy back shares, whatever he buys back will be recreated over 2x as much.
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