Wednesday, April 18, 2018 2:23:32 PM
Also, I had a buddy look over the 10k and these were his thoughts on the new note holders.
“The convertible debt and notes they sold are based on future cash flows so they are really not guaranteed to the people paying for them unlike the past notes which were backed with assets”
Look at it like this, future lien holders are comfortable with the direction of the company
So much so they are willing to write debt for a penny stock against Non-guaranteed cash flow
_____
Bullish in my eyes.
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