Optec International Inc (OPTI)

[simon song]

The note holders will not want to get paid back with money, unless they have that clause where usually, they need to pay back 1.25x ~ 2.00x the original pricipal, and accured interest.
The note holders make much more money by converting at discount and wait to sell higher.
But the reason why we don’t see excessive conversion like how you were worried is because of the Rule 144 limiting the conversion to 10% of outstanding every 3 months.
Do you remember my post about that?
If OPTI did not go “Alternative Reporting” and was still fully SEC reporting, we would have seen over 300 mil O/S by now.