Agreed, buying out the debt would be another way of going about securing the patents, rather them buying up 75% of the common. What Ive noticed is YA common share ownership jumped significantly and just below the required reporting amount in the last 10q to 9.9% or approx 97 million shares. With further dilution they can increase that amount proportionately.
Both YA and the DOC are holding around 100million shares(and don't forget Murrays 70 million)...what would a buyout of the debt do to common share pps??? It would be a significant gain for both....maybe pay for cost of the debt alone for the Doc and a nice partying gift for YA.
That's why I'm really hoping to see an amended 13d filing from PSS with change of intention.
hub-should DSS opt to retire Neom debt to acquire the patents, would there not be a huge premium attached to do so, in light of a spate of recent press on the Doc's plans for the IP plus alternative commercial applications in this fast-growing space? Should Global succeed in establishing a protective precedent on the patents, their valuation will quickly appreciate 'out of reach'.
sweet. does buying the debt automatically mean buying neom? or is their another way for neom to play this? nothing against the doc but i don't feel too safe under his big private umbrella
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