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Alias Born | 03/13/2017 |
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Saturday, January 27, 2018 7:04:24 PM
It hurts the argument a billionaire wouldn't want $1.6m from sells though. I'd have to acknowledge that first.
But the terms are still favorable to the prior convertible notes. That shouldn't be lost in this.
And if things come together as cash flow positive prior to extensive usage there is no reason to max it out. And even if we are backed into maxing it at low cost and triple our shares, well we are only valued at 4.3m right now, so 12.9m would set us to even... and I think we are all here with plans of a market cap much higher than that all along. If dreams of 100x turn into dreams of 50x or 33x then so be it.
The waters may get choppy but I'm in it for the long haul. There are still big buys absorbing this which aren't us and seem to be structured and intentional through what seems like funny business on the L2
I'd love to see radio ads bring in a flurry of subs in the first month. 5,000 would be about $2m a year annualized and enough to put us on solid footing in the very near term.
Good luck to all. Hope to still see you at the top. But looks like we are in for a big shakeout before for the finish line.
I'm not pleased with the development but not shook. I will be here. Still a bet I'd take every day of the week. But maybe gives me pause on encouraging you to follow. Do what you gotta do. This is still my golden ticket.
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