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Re: Anvil post# 112700

Thursday, 04/18/2024 10:55:01 AM

Thursday, April 18, 2024 10:55:01 AM

Post# of 112919
I saw Niterra and thought YOTA. Thanks for the correction and good catch then. Any theories on why the literary change?

"Niterra not license it to capture the Japanse market." What would be the cost to license? Are they set up to immediately start operations? Why pay a license fee while unable to commercially use the license? Not saying this is what it is, just saying the fact it could be means there's not enough information available to decide one way or another. Nevertheless, skepticism is justified.

"Lastly, you ever hear of convertible preferred?" You can't just convert whenever you want. Otherwise, any preferred holder could dilute common whenever the hell it pleased them and at the detriment of the overall corporation. That wouldn't make much sense now, would it? That is why there are often very stringent and specific conditions under which one can convert. Hence my point re: liquid to illiquid.
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