Replies to post #11820 on Galaxy Next Generation Inc (GAXYQ)

[HolesInMyPockitz]

My guess is that Los Angeles Unified School District announced today that that they are going online for at least the fall semester.


https://www.google.com/amp/s/abc7.com/amp/lausd-coronavirus-covid19-school-year/6315260/

[common_cents]

This board doesn't seem to understand the filing. This is a credit facility that the company can draw down on from time to time at a 20% discount to market. They can also draw on this to pay off existing convertible debt that has worse conversion features.

read the filing. It's really not hard to understand.

that said, it won't matter.

This stock trading the whole float and more today. This will be news driven and FOMO.

CC