“PPS is not important till the note is not fully converted.”
1. What does this even mean?
2. PPS is ALWAYS important. I mean that’s how people gain or lose money on a stock, no?
3. If your statement means what I think it means, that PPS is not important till the note IS fully converted, then the PPS will NEVER matter since after the $1.5M note is disbursed, there are many hundreds of thousands of dollars in other notes taken throughout 2021 to keep the lights on. They'll have to be converted. And then there is the several million dollar SBA loan the company got to pay off the defaulted notes from the 2010's, that will have to be paid off. I wonder how that will happen?
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