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Wednesday, June 24, 2020 12:27:18 PM
We all know that LJ and DM don’t like paper. So they may be in “supporting “ the price. But this move looks be more than a few long term holders taking money off the table. This looks like paper being sold to cover a debt.
That being said this would be a good thing. To clean up the balance sheet. I doubt that BBI wants to do business with a pink non reporting company. Surely they have told Michael to clean up his act.
So how many shares and what’s the conversion price?
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