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Wednesday, May 24, 2023 2:00:29 PM
If this has taught anyone anything at all, I hope it’s that speaking up and a little initiative goes a long way in protecting yourself. Imagine how far along shareholders would be today if in the last two years they were demanding all sorts of changes, instead of just meandering waiting for CE to come off. You’ve learned more info in a couple of emails than anyone in the past two years. Well done!
The more he’s shielded from scrutiny, the more he’s given a license to destroy everyone.
Now he needs to keep the AS at 5B, and cancel the rest of those series B shares for worthless subs, and do it before the CE comes off. He has converted enough shares for a bunch of BS that’s going right into his pocket. I mean, that list of debt holders is quite a hoot, but at least the leaner the shares are structured with respect to dilution from insiders, the better off everyone will be with negative perception from newcomers.
Just long enough to have an opportunity at a decent exit.
.......CB
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