Honestly being that they are in the expert market and still filing is a great thing.
Even if they weren’t filing, it wouldn’t scare me. It seems the expert market created a one time loophole for some companies that were able to raise better financing or had cash flows available to pay down debt, refinance/consolidate, or extinguish old convertibles with less favorable terms.
They are not obligated to file down here yet they do…
There were probaly just a handful of companies that made use of this so called loophole due to the minimum bid -over time- requirements for conversions which they could not illegally convert shares anymore. We’re blessed to have that man there and again we should be thankful for his time he’s spending putting this together.
His work ethic and execution benefits the company, the investor, and even the consumer.
Which is a always a rare find in general but when your ceo is smarter than average bear…it really does make the moves more Interesting.
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