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Re: Harry Winston post# 48328

Monday, 03/25/2019 11:22:17 AM

Monday, March 25, 2019 11:22:17 AM

Post# of 52852

I think you missed (or forgot) the analysis I made in message #48124, which I posted on March 6th, which includes this statement "Kevin has less need to worry about the debt holders. As the price goes up, they will receive fewer and fewer shares if they do convert their debt into stock".



Any debt holder who did what Kevin was afraid he would do (convert, deposit, clear, and sell his shares) made a foolish decision. He sold his new stock for a nickel (or less, given a very illiquid market) and lost out on the opportunity to hold stock that almost doubled in value since late September with the potential for more gains.



It's obvious you have no idea of the debt holders GERS has. They have no interest in GERS for the long time. Their only interest is making money as fast as they can. If they could double their money tomorrow, they would still sell today.

Any debt holder who converted and held his new shares made a wise decision, for the same rational reason. The price has doubled since late September.



The same thing. Their only interest is to make money. However selling too much at once harms their interest, so they always did spread it. But they never did care about the stock price falling.

Kevin has less need to worry about the debt holders. As the price goes up, they will receive fewer and fewer shares if they do convert their debt into stock.



No, the bid is so small, any sell in the amount that the debt holder do, will take us below 0.01