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Re: LateToTheParty post# 400

Monday, 09/30/2019 7:25:13 PM

Monday, September 30, 2019 7:25:13 PM

Post# of 479
Yeah, he built a huge company in Europe but it was leveraged with debt and investors took a major haircut when the largest financial crisis in a generation hit and the debts matured.

We know IOTA needs money, has a lot of debt that will soon be retired, and a growing spectrum portfolio.

Hopefully the capital raise, although dilutive, will not be toxic financing (convertible debt). With our growth and prospects I presume it will most likely a private placement. Maybe a larger investor gets added to the picture?

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