I'm sure that large private equity firms would line up to make convertible debentures with a firm that will file an 8A that prohibits them from converting in the future.
There is no reason for an equity outfit to want to get involved. They have to be given something in return, and OWOO has nothing to offer, other than debt, extreme management compensation, and bad animation. Don't forget about dolls that aren't selling, even when offered at a loss to the manufacturer. I'm fairly certain that even purchase order financiers would scratch their heads at a proposition that went something like "We here at OWOO need $50,000 dollars to manufacture dolls that we hope to sell for $40,000....."
What exactly would the equity firm be investing in? Potential? OWOO greatly overestimates its own potential and underestimates its own negatives. The debt, combined with salary contracts, and supplemented by the lack of sales to this point make OWOO a stinker.
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