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trader59

09/07/20 11:45 AM

#21965 RE: fojcol #21963

It does not contradict anything. This notion that, instead of $2 worth of stock for every dollar of debt, a creditor is going to choose to toss more of their money into this pit, a company that just filed for bankruptcy and started with a liquidation plan that would have wiped them out, and get a convertible note with it, is just plain wrong. Fool me once...