MMEX Resources Corp (MMEX)

[Supernova12]

I agree about what you say about Jack's use of Convertible Debt via these notes paid back by selling the company shares. Other larger companies are doing Convertible Bonds. Let's go Hanks!! Time to make the donuts instead of talking about it!!

Tech companies are taking out record amounts of convertible debt. Here’s why.
Twitter is the latest in a long line of tech companies issuing record amounts of convertible bonds.
By Rani Molla on June 20, 2018 11:01 am
Andrew Burton / Getty
When tech companies need to raise money, they typically issue stock — either in the public or private markets — or borrow money through debt. But this year, they’ve increasingly opted for a middle ground: Convertible bonds. These let companies raise cash at lower interest rates without immediately issuing stock and diluting their shareholders. And they let the lenders — institutional investors like mutual funds or asset managers — choose to get paid back in cash or stock, depending on how things go.

https://www.recode.net/2018/6/20/17458770/convertible-debt-raise-stock-bonds-twitter