Saturday, May 15, 2021 12:38:47 AM
https://www.otcmarkets.com/filing/conv_pdf?id=14621601&guid=MeEnUWaAZZkGPch
This lines up with perfectly with the timeline I'm trying to imagine here.
Also, they didn't announce the note holders 0.68 deal swap until 2/16. By then we had already flown to the mid 90s, and punched right through to 1.50 the very next day. This could also be considered a horrible deal because they weren't catching little 72 hour windows perfectly.
This whole thing has frankly been absurd, and impossible to time. It's easy to look back now and jump to conclusions. But this board and it's member's are good with the DD and discussion. For now, I will attribute this to a series of unfortunate events that look much worse with all we've been through recently. I'm giving them the benefit of the doubt that they haven't suddenly turned into genius super-villians who are undercutting their own stock 1 to 10 on purpose right as they are approaching some hard fought goals after a VERY long year.
I do wish that Leandro would be more up front about these things finally going through, especially since he pays an incredible amount of lip service about transparency, investor relations, and building confidence in these letters of his. Like...this is exactly the kind of stuff we need to know, and this is exactly the kind of things that ruin people's confidence if you aren't transparent about it.
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