Monday, October 12, 2020 9:52:52 PM
1) offer to transfer all toxic debt to another class of preference shares. There preference shares would be based off a multiple of the OS, this would protect them should Steve ever take out new notes, or in any other way dilute the stock. These would be near identical to the way Steve / Garrret shares work.
The OS would be unaffected.
Without Dilution the stock would find a new base within a couple of months
I suggest these shares be non voting, but that may not be possible
2) leave Waypoint ... been associated with the scammer Brian Conway does the company no favours.
3) Get rid of Garret, he is a puppet of Brian Conway.
4) After the stock settles down, do an RS to bring it up to the multi dollar range, also re-listing to the OTCQX ( a positive RS, NOT a toxic dilution RS like the last two )
5) with the company on a sounder less corrupt basis, take out proper refinance to allow the manufacturing to scale ( in line with confirmed orders )
Maybe if this were done there could be value here.
I am making the massive assumption the actual product is any good, and has real value, I have never really had a personal view on that.
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