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Monday, September 14, 2020 10:29:42 PM
chase down some DD -- while I am not suggesting the debt is hostile -- it is strapping the company. Take a look at the recent June financials -- the CEO is converting the debt to stock which dilutes our position since he can push the value down and then reload --- 114M shares and more which was not a fair assessment for the value. The justification for this is a "subjective" high risk investment. I don't buy into that --- many of us invest in companies all the time claiming high risk - yet in this case the stock trade off is depressing the stock.... hope that helps...
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