Replies to post #30606 on Logiq Inc (LGIQ)

[Traderfan]

There is no reason a company is going to repay a loan its shareholders will cover for free.

That's nonsense. I have been in at least half a dozen companies who paid off toxic convertibles with cash.

[DDHOUND]

You have to do your DD. I already knew about KBM note. Its an old note not new. It is retired with cash not shares. You will see in coming weeks.

[Elcappy1]

Brent has specifically said KBM wasn't any kind of threat and they were willing to work with him. It's obvious who has been here longer and done there DD ;) STOA

Is 0.0004 still too expensive for this low floater???

[VST7]

This NEW CEO Obviously KNOWS The Damage Toxic Financing does to Shareholder Equity.

He Obviously wants to keep the O/S as LOW AS Possible, so that any Issuance of Shares Can be used for "WHAT THEY ARE SUPPOSED TO BE USED FOR".

And that's NOT Supposed to be for Toxic Firms who Short Sell a Stock down to nothing just so they can get 20-50-100 Times more Shares Issued to them on a Convertible note.

He is also Supposed to be LOWERING the A/S to 1 BILLION or Less, which will be VERY ATTRACTIVE To Investors on the OTC.

I realize there are peeps here who have gotten burned by past Management, but it seems that the past Crooked Board members are GONE & STOA has a NEW CEO Who is a Straight Shooter and actually Gives a $hit about his Shareholders. IMO Anyways.