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Re: StevenRisk post# 19895

Friday, 04/14/2023 9:17:45 AM

Friday, April 14, 2023 9:17:45 AM

Post# of 21307
So what if they decide to increase the authorized shares and allow the 14% notes that were supposed to convert at $2.24/share to convert at $1.12/share or lower? That would dilute the existing shareholders by a considerable amount, but would reduce the huge interest expenses they are paying and make the company very profitable, if they can maintain the revenue and margins they are currently making.
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