We do indeed, but I do respect your insight on all of this. I firmly believe all will be resolved.
One theory is that the additional notes, specifically the $10 million facility, is perhaps being used to buy back some of the shares being dumped from that super toxic $125k note. It is quite a large facility, and for Blue Citi to only have 15% upside (Blue Citi purchases shares at 85% of the price, based on a certain time period and formula, each time there is a draw down) on each draw down/conversion, is quite a lot of risk for them to take on.
I’m perfectly fine with them granting these guys stock. They should bring a lot of benefits to the company. I also highly doubt all three of these guys would be signing up to serve on the board of a toxic scam (even though that’s what it currently appears to be on the surface).
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