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govprs

08/31/22 3:42 PM

#11457 RE: lesgetrich #11456

Or the lender isn’t sure and wants to de-risk. That’s how I read it. Also the conversion terms demonstrate that they could convert at 1.50 if things are fine and if not they get shares at 85% discount from recent price action and no lower then .20

No assurance on the report getting filed in time. pps isn’t showing much confidence

But if they don’t file in time and the lender gets cheap shares I could figure out if they can sell right away or have to hold. If they can sell right away we might have an incredible buy the dip opportunity