Friday, August 17, 2018 12:02:59 PM
Still waiting for Who???
As for the notes:
Those notes could be converted, but it’s up to the investor if they will. They could try to restructure them, or just hold them. If they do convert, they would be considered a control person if they converted to more than 5% of the outstanding, so they would have to do dozens of conversions to get their money back.
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