Posted On: 11/17/2015 11:03:33 AM
Post# of 75364
In a simplified version the answer is this....
The toxic convertible note was converted to a fixed rate 12% interest bearing note. If the company makes the payments as prescribed in the agreement then there will be zero conversion of shares.
In other words the dilution by the convertible note holders have been eliminated.
This is good news for RMHB investors.
Actually Great news...
The toxic convertible note was converted to a fixed rate 12% interest bearing note. If the company makes the payments as prescribed in the agreement then there will be zero conversion of shares.
In other words the dilution by the convertible note holders have been eliminated.
This is good news for RMHB investors.
Actually Great news...
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