Thursday, May 25, 2023 8:03:18 PM
Initially, the toxic lender will egregiously convert under the CD, but when pps drops to No Bid or Company becomes non-compliant the lender moves to bankrupting the Company and controlling the outcome. The outcome may well be NSS.
The amount of tax free money available when the toxic lender bankrupts the Company is enormous through billions of shares.
As a portfolio investor, I suggest giving the toxic lenders a pass by whitewashing the nefarious end runs is not in shareholders best interests—ever.
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