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toogoodfella

11/01/24 9:23 PM

#111802 RE: SwissCheeseAccount #111799

RE:  A lot of LBHI debt belongs to LBT.


Absolutely Swiss. And a lot of creditors are the affiliates themselves. 
LBT IS ONE OF AFFILIATES.


My point is businesswise decision to condition the company financially. 
And that was just my personal assumption to discharge part of the debt instead of converting 130B into equity shares. It is too large and it will cause a large dilution of the initial capital. 





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toogoodfella

11/01/24 9:49 PM

#111803 RE: SwissCheeseAccount #111799

I SAID MAYBE CORRECT?

Reason is big dilution of initial capital that came from the creditors themselves.