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Cosa

03/07/18 4:35 PM

#128511 RE: billytbone #128502

let me rephrase my question. They can pay off note before it converts correct? Even in partial if they do not have all?

Yes you are correct. They cannot buy back shares unless they are debt free.

danr1

03/07/18 5:31 PM

#128524 RE: billytbone #128502

So was this very bad loan done before Diamond came into the picture?

If so why would Diamond have got into this bad situation?

Seems they would have negotiated
Or found a clean shell