Wednesday, April 24, 2024 5:24:56 PM
I have been reading your posts and am in agreement with most of what you have been saying. However, I believe that Sharp's reason for the S1 was to get rid of this debt first because he knows that the conversion is fixed. That means that there is little downside for converting at or below 1.2 cents, but little upside in raising the value of the company while someone is dumping 4 mil shares at a fixed price. Once the debt is sold, I expect a merger to be announced and Sharp to retire.
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