Wrong. If what they are saying is true with recent PRs they have more than enough cash coming in to service debt. But they choose not to. So something doesn’t add up. I’ve been around for a long time - this as all the red flags of a coordinated dilution scam with what appears to be the company working in conjunction with noteholders. It’s obviously not proven, nor fact, and is just my opinion. If the company is real they must pay off or down convertible debt. Otherwise they are talking out of both sides of their mouth. When they talk about shareholder value and growth they are only talking about preferred holders and not common equity holders because dilution steals away your proportional interest in the company and drives the price down.
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