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Tuesday, December 01, 2020 9:30:38 AM
Since the two loans came from different companies (one from Power-Up Lending and one from J&J Investments) it will be interesting to see how patient the lending companies are in converting or if they will try to unload before the other one does.
They can't be too patient because another $47,000 loan becomes eligible for conversion on January 13th (And another $91,000 on February 7th) - The February one has worse conversion terms than the others. Only 60% of lowest closing share price within the last 20 days. The others are a 65/15 term.
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