Wednesday, August 12, 2020 1:30:32 PM
My interpretation is that the underlying notes were a consequence of the merger and then also needing working capital more recently. The increase in O/S is an unfortunate consequence of dealing with those situations, but again no surprises (to me, anyway) based on everything that was disclosed previously. My expectation is that, with legacy issues from the merger and the Covid shutdown in the rear-view mirror, we are substantially done with the heavy dilution. Time and the Q will tell, though.
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