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Re: runncoach post# 21216

Wednesday, 01/18/2023 7:45:53 PM

Wednesday, January 18, 2023 7:45:53 PM

Post# of 21531
We've all been investing and losing. They've been able to game the system, both upside and downside with mitigation.

That recent deal was a sweetheart deal, they came in at a great price with convertible stock plus warrants, then they had the downside mitigated. That wasn't just a risk free deal with huge upside (their money could simply be paid back, thus risk free), it was structured such that their downside, if you want to call it that, basically steals the assets of the company on the cheap... These scumbags have no shame!!!

Hell, they set this shareholder vote up with a date that allows them to vote shares they've already sold, knowing that pounding the price down will give them a better deal.

Investments are supposed to carry risk, they've just used insider manipulation to work out a better deal than everyone else... I'm not sure it's legal, that may have to play out in the legal system...
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