ctb you said " would not expect them to be sold into the float in large dumps - if the company is growing."
JB would gain & retain control by converting & not selling..From that time on..he gets what he wants in the way of share holder votes..& if JB converts his note. How long will JB be content to earn 8% on the $2 million face value when he can convert for $4 million?
We will have to wait for the market to determine if it treats all these new shares in the market cap anyway. That is a big IF to me..
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