So what happens next? No financials = no dilution? How long can they keep this up for? What’s to stop them from issuing more notes? Why not? The shareholders can pay for it!! Eventually release financials with more convertible notes. No problem.
Why not do a R/S? Reduce the bloated SS. Make the price a little more respectable. Rinse and repeat dilution. The stock is at .0002 for a reason. It has a 2.5 billion A/S for a reason. The jersey’s are heavily discounted for a reason. The masks haven’t been in production for a reason.