Replies to post #64961 on Third Bench Inc (THBD)

[SooS416]

Control is in the preferred shares, he has a ton of convertible debt that converts at a 60% discount to lowest trailing price over 10 days.

So no he would not be giving up control, convert the debt to commons to make a good profit, rinse repeat.

[SooS416]

And his scamming is well documented on the OTC, not hard to see the trail of diluted into the ground companies he has had over the years. Canouse is one of the biggest serial scammers on the OTC