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Re: MikeyInTheD post# 993

Thursday, 06/06/2019 11:22:47 PM

Thursday, June 06, 2019 11:22:47 PM

Post# of 72931
Yeah they can also renegotiate the debt or get a new loan with better rates and pay off the previous notes. Becoming a cash flow positive company offers a lot of options.

Obviously the higher the pps the lower the number of shares needed for conversion.

Assume the worst but be happy if something better happens.

The only reason shares are available at current pps is the debt and notes issue and they only need to issue enough shares each q to pay off the payments. Not the whole debt. That is way it normally works anyway.

Buy the dilution and sell on spikes. Seems like the way to play it to me.
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