Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,173.91
(
0.12%
)
US TECH 100
26,289.60
(
-1.05%
)
Dow Jones
49,310.32
(
0.00%
)
Brent Oil
104.75
(
2.58%
)
Bitcoin
76,255.95
(
-1.44%
)
News Focus
News Focus
Post# of 112711
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

imiloa

Send PM Follow Ignore
Followers 131
Posts 30478
Boards Moderated 0
Alias Born 02/10/2006

imiloa

Re: SPM555 post# 110195

Monday, 12/18/2023 1:47:00 PM

Monday, December 18, 2023 1:47:00 PM

Post# of 112711
SPM, re: "My belief is that the stars have aligned here to allow the company to execute their plan without the toxic note route."

mark already took on convertible financing (aka: toxic note) last august.
$50k convertible debt to john neville,
which is due feb 8th.

it's in the filings:
https://www.sec.gov/Archives/edgar/data/1550222/000118518523000902/ex_563523.htm

seems unlikely mark will have $50k in cash 7 weeks from now,
so neville will have the power to force dilution then.

99.99% of all pinks are scams. Best to assume the other 0.01% are as well.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today