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GBR

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GBR

Re: KVM post# 9980

Tuesday, 02/27/2024 10:11:39 AM

Tuesday, February 27, 2024 10:11:39 AM

Post# of 10898
Veri when in a bind for cash couldn't attract any investment that we know about.

Convertible note holders had Veritone by the balls. Note holders wouldn't allow someone to step in and make an investment into Veritone without being dealt with first.

With the new debt structure and the warrants, the Note holders now will end up with the same number of shares as they would have with the original convertible note deal. It's all speculation and hope, but hoping the debt restructuring paved the way for a strategic deal, which I believe needs to come in March, or doomed.

If some strategic plan was not in place in 2023 to prepare for so-called disruptive growth in 2024, then RS at the CEO helm, along with board members has been pure incompetence, purposeful dereliction on display.
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