Frequency Holdings Inc (FRQN)

[mrrickjordan]

Something I’ve already explained across forums...

The notes are redeemable only at the holder’s choice... not the company’s. When they mature the holder chooses whether to take cash or convert. To date the holder has elected conversion only.

I went into these notes wide open. They would have worked exactly as intended if we didn’t get into acquisition seller misconduct and auditor delays. That’s just reality.

The holder has incentive to step aside when there’s a real catalyst... like a capital infusion... because at that point conversion becomes the worst economic option. Getting there requires a structural change. That’s what I’m focused on now.

So here’s the fork in the road...

If you didn’t read what I wrote yesterday, go read it... because this post seems ignorant of what I've spelled out.

If you actually own shares, make the choice I said yesterday...
a) sell and take the loss, and GTFO
b) hold... but stop bitching while hoping at the same time. Doing both is what makes no sense. Painting me as your villain while holding hope is just seeking attention. Some have even averaged down as their action. There's better things to do than crying in a corner.

My own hard money is in this... showed that again yesterday. It's significant and disclosed in the filings.

When the bad shit happened to me and the company I didn’t sit around complaining like a little bitch hoping something would get better while I did nothing. I had the choice of exiting the pubco or pushing forward.

I doubled down both financially and in resilience.

Do you own stock?? If you do... pick A or B.

If you want to keep bitching without making a choice and not doing the bare minimum of reading my posts OR the filings... this is the last time I engage.