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Re: GRDTRI post# 135214

Wednesday, 04/18/2018 3:47:05 PM

Wednesday, April 18, 2018 3:47:05 PM

Post# of 163761
No, I'm not going to call you.

Apparently there is no floor price in the Garett convertible note. And no 10% cap on the O/S to be issued. Which is abnormal for a $600M net asset company and a lousy $4M loan.

It is self-destructive. Did you forget to put it in the terms of the agreement. Or did you guys never consider the possibility that the share price could go even lower. I wonder.

But this is not normal. And I don't really care if your intentions are good or not. I don't know you, so I shouldn't care. But it is quite damaging to all the shareholders.

So why not convert for 1.50 and get it over with, as I suggested in a previous post. Would save Solomon some money as well. Surely, it should be cheap enough.


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