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Re: nickeli54 post# 36310

Thursday, 04/12/2018 10:03:08 AM

Thursday, April 12, 2018 10:03:08 AM

Post# of 76535
I wonder how new restrictions would affect the companies that rely on conversions to pay debt that couldn't otherwise be paid off. It's my understanding that the note holders can only hold a certain number of shares at any given time, so if they can only sell them at a restricted rate then the payment of the debt can't be done on the predetermined timeline.

Obviously this could be accounted for in future arrangements, but the currently outstanding debt would be significantly affected.