the O/S as last reported was 4.5 billion. The A/S is 5 billion.
Lenders can convert their $18 - $20 million debt into equity and we think they burned up the last 500 million doing this on Feb 24th. But, since there is no disclosure here and the TA stopped divulging the O/S, nobody knows.
You are wise not to expect real information on these MB's. When the dust settles here, I advise you to look back and see who was speculating about mergers, takeovers, and the MJ sector, and note the accuracy of their statements.
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