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Post# of 198711
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MAGA_PATRIOT

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Re: archilles post# 190944

Wednesday, 11/22/2023 8:41:09 AM

Wednesday, November 22, 2023 8:41:09 AM

Post# of 198711
archilles - I don't believe they're diluting for funding, I believe we're watching the conversions of preferred shares, or even notes (would make sense why VIRT is here to hold/drive pps down). Anything's possible, but I'm betting on conversions.

Also, a lot of those preferred's convert at 10:1, which could also be why we're seeing so many endless 10K ask hits without the ask changing or moving.

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