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Wednesday, January 08, 2020 9:04:59 AM
They get a non dilutive loan for $5M. So what do they do? They make an Acquisition for $550K and instead of using all cash to show shareholders that they care, they end up using a $350K note that can convert into common shares. BYOC owns non of the companies outright. They put the risk on shareholders while padding the pockets by overpaying for them.imo It appears they will dilute even when they get a non dilutive loan. Unreal.
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