If it's true that the terms under which convertible note holders can exchange debt for stock are becoming so draconian this Thursday that they will severely curtail their debt conversion business model, then why would Conway waste time trying to refinance LIBE's debt held by Carebourn?
Assuming that these supposed new rules are being interpreted correctly, it seems to me that just waiting until Thursday should do the trick.
We need hard data showing that new rules are going into effect.
I now think everything you just posted could certainly be true...and if everything you just laid out does come true as of this Thursday then there's gonna be DOZENS of penny plays out there that can run now with no dilutive funders able to stop them haha!!!