InvestorsHub Logo
Followers 140
Posts 8069
Boards Moderated 1
Alias Born 08/29/2011

Re: skichic post# 70785

Monday, 11/15/2021 3:01:34 PM

Monday, November 15, 2021 3:01:34 PM

Post# of 82680
I'm glad this was clarified because I was low-key freaking out for a minute and trying to figure out what was going on. Lol, glad I didn't panic sell it.

So how do we get this liability off our balance sheet? ViaOne needs to convert debt to shares?

I've never looked into this before (bows head in shame)

It's considered a derivative liability because the share price has grown, so essentially it's saying that they issued debt to someone at .0x price but if they would have done it now at .xx price they would have gotten more $.

So the difference in .0x issuance price and current .xx price creates the derivative liability because they left money on the table by not doing when the price pet share was higher?


Is that it? Or am I way off again? Lol

I wish this news was on my td ameritrqde feed so others could see it too that use TDA without having to search for answers.



My posts are my opinions and nothing else. Read them and analyze at your own discretion.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GMER News