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Wednesday, September 23, 2020 3:05:59 PM
But it doesn't help when the CEO tells you that more dilution is coming right around the corner. But if you want "hyper growth", then the dilution is really the only option for Anshu to get Capital.
Although... if these clowns could pay convertible notes on time or file the 10K on time, the notes would never be toxic. They are only toxic when you allow them to be. That is one thing Anshu failed to explain yesterday. If you pay the notes on time... they don't convert to shares.
The White Lion deal is just toxic right up front. So what Anshu is telling shareholders is that the WL deal is better because it is "less toxic" than if we take a note that we know we will never be able to pay off and let it convert.
Pretty pathetic, right?
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