Nio Inc (NIO)

[Oh The Wise Guy]

And you have to remember that their convertible notes going to be converted into company shares at the stated price but that doesn't mean that those shares are going to be sold in to the market at that same time frame. The lenders will be holding huge amount of shares and they can hold those positions for whatever long term they choose. They also at some point in time can pump the pps really nicely with PRs and sell portion of their position to cover the loaned amount of money and ride the free shares making fortune or keep doing same kind of financing for bigger sum of money by taking convertible notes. The dilution can go on and on as needed until company becomes self sustainable/profitable. As time goes by, company gains experience and will be doing necessary adjustments to reach their ultimate goal of being profitable. Give it some time, for now we know for sure that NIO is going to be okay until September and until that time company will figure out something to keep on going forward.