Celsius Holdings Inc (CELH)

[Rainmaker88]

Kezzek, you are absolutely, 100% correct in your assertion that Carl now owns the majority of the company stock. I estimate somewhere around 10,200,000 shares. He certainly doesn't need the debt as a lever over the company, since his equity accomplishes full control over corporate matters anyway. I'm sure that Carl realizes that if by forgiving the debt he is owed it were to result in a share price increase of just 0.45 cents, that he in essence, has recovered the debt owed through equity appreciation. The company would, in fact, be in a much stronger financial position without any debt. I'm sure Carl realizes that too. Throw in profitability and IMO you've got a $2+ stock on your hands, and Carl is at, or close to, breakeven.