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JoeForkeyBolo

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JoeForkeyBolo

Re: Amac1001 post# 2747

Saturday, 05/01/2021 12:31:44 PM

Saturday, May 01, 2021 12:31:44 PM

Post# of 20322
As I understand it, little to no toxic debt remains. The company offered to pay off existing debts and the financiers elected to convert in lieu of payback because it was more profitable for them to convert at a discount to market and then sell their shares. Most of this conversion in debt elimination occurred in the first few months of 2021.
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