So do the noteholders, with volume like yesterday IHSL won't be able to borrow anymore money so the insiders can keep getting bonuses and a $30K car allowance.
Noteholders will be in competition to sell their shares into the market, going to be a bloodbath that will leave a lot of investors wondering what happened.
If the noteholders know that dumping their shares is going to take forever, they won't be so willing to loan IHSI money so they can continue to lose money as a company, less than 3 years as a public entity and already have lost over $8M, but they're going to turn it around on Title 24 work that been on the books for 8 years or more.
That work was done long ago.
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