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Re: BrownRickRoss post# 20859

Tuesday, 02/13/2024 8:05:53 PM

Tuesday, February 13, 2024 8:05:53 PM

Post# of 23596
I've seen this word before, but ... what is "Fintwit"? (Yes, I know I can Google it ... but why not drive up this forum's post-count?)

If Nixon had thrown out an update before going dark, my bet is that HE (i.e., WCVC) would not have made any money for the company at all. Maybe a few astute retail traders would have made a few bucks on flips, but I'll bet the majority of the money would have all gone into the pockets of his financiers who were holding convertible notes.

[Remember: Nixon paid off $1.4M in convertible debt in 2019, and said he intended to pay off the rest by Q2 2020, but then COVID-19 hit, so likely at least some of that debt still existed.]
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