InvestorsHub Logo
Followers 7
Posts 871
Boards Moderated 0
Alias Born 07/08/2013

Re: MallenNV post# 52987

Tuesday, 05/30/2023 1:23:34 PM

Tuesday, May 30, 2023 1:23:34 PM

Post# of 53178
Since the toxic convertible debt holders want a lower price to convert their debt shares, doesn’t that fact put powerful downward pressure on the share price of MMNFF?

If the price were to drop to $0.005 would the conversions be 5X or 7 billion new outstanding shares of MMNFF instead of the 1.4 billion shares noted by the quoted bearish investor?

Could Tilray eliminate this toxic debt?

Thanks