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nit2win

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nit2win

Re: OmahaBlue32 post# 72387

Thursday, 12/16/2021 3:16:48 PM

Thursday, December 16, 2021 3:16:48 PM

Post# of 82716
Yes, ViaOne Services is converting their two notes for $2.6 million in exchange for preferred shares of stock in Good Gaming.

This will leave Good Gaming debt free on their balance sheets and give ViaOne an even bigger equity stake in the company.

Because the debt is converting into preferred shares there is no immediate dilution. Not only are they considered Insider affiliates, but they are also long term holders.
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