Games; You are absolutely correct. In fact, Sequiam symbol SQUM management took in lieu of loans/bonds (a step up above security interest in case of liquidation) and converted their priority interest into common stock in the company which is restricted for more than 12 months. This is reflected in recent SEC filings if nobody believes me.
Management within Sequiam has very high credentials in my opinion.
This isn't your normal penney stock B.S. company. They are vested and can't dump stock for the forseeable future.
Good post and thanks for chiming in on this warrant issue.
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