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Monday, August 31, 2020 9:04:40 PM
My inquire is...Dont you think that it was better for the company to wait for a better pps to obtain a better deal due to the fact that the company decides when? or they decided to pay as soon as possible to avoid bigger problems?
I agree that a possibility is what you mentioned in the first part, that they could have just waited for a better pps. I'm assuming that they used that first White Lion money at this levels because those 3 notes I mentioned have higher discounts, can start converting relatively soon and there are tables associated to prepayment amount that increase with time. I also am assuming that because of the last increase in OS is around the same amount of shares registered in the S-1 for White Lion's deal. But what you mention is a clear possibility also. I guess we will know soon with Q3 filing.
Also, I agree 100% with what you mention:
Anyway, if Verus are now out of the woods, finacially wise, we all here will expect an easy 0.035 come back soon, as they will report a good Q3,lets say USD6M but a really record revenues on Q4 and next Q1, really game changers to see even profit, now that they have corrected Anshus compensation
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