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Thursday, October 03, 2019 8:57:09 AM
Convertible notes are very common thing to have. And the note holders making multiples of their investments is a common practice these days too. Company cannot stop them from doing so.
However, believe it or not, company is controlling the amount of conversion very well. Otherwise, O/S should have been close to A/S by now.
O/S right now is at max 40mil my guess. That’s only 1/10th of A/S for god’s sake.
Company is legit.
Just wait for the filing and reversal.
Or sell and move on if the pressure is too much to handle.
GL
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