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Re: A deleted message

Monday, 06/25/2018 4:37:47 PM

Monday, June 25, 2018 4:37:47 PM

Post# of 63455
Tax lien has an interest rate of approximately 5.4%/ year (as it has increased roughly 44% in value across an 8 year time period).

Why pay it with the small amount of convertible cash when that has an interest rate of 10% a year (10% > 5.4%).

The company could dilute shares to pay it, but clearly they aren't doing that.

It's called opportunity cost, asset and liability management.

#math

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