GG&G

[PashkaVl]

Thanks for the reply.

Doesn't this boil down to IBEX having +50% share control via convertible notes, and in reality all current shareholders comprise less than half of the potential share count if the entire conversion takes place.

What's to prevent IBEX converting and selling ALL their shares over the next 10 years as the SP increases?

With larger investors knowing that 50% of the shares are still on sideline owned by IBEX, their $1000 investment immediately turns into $500 if IBEX decides to convert their notes... or am I missing something?