rr - only pesky if you allow them to be - EDIG is not at this time in a position to demand the best of financing terms - getting the $$ is more important - the rest as usually happens will fall in to place if EDIG succeeds - if they don't it will not be the converts causing the failure - I recall some thinking that EDIG should raise $$ using debt rather than equity - lot of defunct co's out there as a result of debt - sonic blue comes to mind
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.