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Post# of 432703
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Monterey2000

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Monterey2000

Re: jeffree post# 425516

Tuesday, 06/04/2019 10:35:16 AM

Tuesday, June 04, 2019 10:35:16 AM

Post# of 432703
Why does a company buy back large amount of stock and borrow money with convertible notes, only to dilute the total number of shares at the time of payout after reaching the strike price? Is the company looking to purchase another company to increase the company’s market value/price? It does not seem reasonable to borrow money based upon the company’s current technologies. Is it not possible to get to the $109 strike price without the convertible notes?
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