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Re: MaunawiliBoy post# 28410

Sunday, 04/30/2023 12:40:19 AM

Sunday, April 30, 2023 12:40:19 AM

Post# of 28493
This “2.50” means diddly squat you don’t understand how this works.
If he can’t pay the notes back in time when they mature it all gets converted into stock plus Interest then it gets diluted. It’s a fancy way of doing a reverse toxic note. Looks good on paper, bad for stock price.
That’s why OS went from 10mill to 15mill in the span of a couple months when they came due. That “2.50” is just for show.
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