Tuesday, June 23, 2020 8:27:51 PM
Something big going on behind the scenes here. You don't retire all convertible debt if you are in distress.
My guess is that they are lining up equity-based financing to extinguish the debt and are going to use commons as collateral. They have got the growth to attract larger investors and may have further acquisitions in their sights as part of it.
Why does it never fail that I am the one buying when everyone is crying?
It's worked out well for me so far, guess we will see.
PACV!!
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