InvestorsHub Logo
icon url

PennyHoper

02/13/24 8:05 PM

#20860 RE: BrownRickRoss #20859

I've seen this word before, but ... what is "Fintwit"? (Yes, I know I can Google it ... but why not drive up this forum's post-count?)

If Nixon had thrown out an update before going dark, my bet is that HE (i.e., WCVC) would not have made any money for the company at all. Maybe a few astute retail traders would have made a few bucks on flips, but I'll bet the majority of the money would have all gone into the pockets of his financiers who were holding convertible notes.

[Remember: Nixon paid off $1.4M in convertible debt in 2019, and said he intended to pay off the rest by Q2 2020, but then COVID-19 hit, so likely at least some of that debt still existed.]
icon url

doingfine

02/13/24 8:11 PM

#20861 RE: BrownRickRoss #20859

I’m giving him credit for surviving Covid in the industry and maybe the time has or will arrive for us now. Delayed but wise to have waited if so… he has 3 billion more to use after relisting and can reduce or even add as ss is very decent for otc at this time imo.