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Re: Real McCoy post# 191334

Monday, 01/08/2024 11:26:28 AM

Monday, January 08, 2024 11:26:28 AM

Post# of 192658
“There is an extraordinarily ruthless possibility here, which would be diluting common equity in order to pay the newly created preferred equity“

It’s going to be a necessity. He has no source of cash other than selling equity. This is a short term approach that gets the balance sheet fixed to stay on Nasdaq. It’s loan shark terms disguised as a “capital raise”.

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?

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