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Re: polvo31 post# 137528

Saturday, 02/15/2020 2:44:55 PM

Saturday, February 15, 2020 2:44:55 PM

Post# of 186031
The reason for a large AS is to cover the possibility of conversions, even if they don't convert. A public company can't take on convertible notes without the AS being able to cover it.
From my perspective, the loans are for doing business, not running the business.