(Total Views: 449)
Posted On: 03/25/2020 4:52:56 PM
Post# of 82686
There will be point in time that two things will happen
1 They will run out of shares to sell - every convertible note requires a substantial number of shares in reserve to cover any potential conversion by the investor.
2. But more importantly, the stock price will get so low that a potential convertible note investor will not take the risk to lend the Company money and have to hold the note for six months before they are able to convert.
They are too smart to be preverbal Bag Holders.
So understand that time is the killer. And sfor has a limited time left. They need to show revenue to get share price up and support it.
When management is so quiet it normally does not bode well for shareholders. Hoping for the best
IMHO
1 They will run out of shares to sell - every convertible note requires a substantial number of shares in reserve to cover any potential conversion by the investor.
2. But more importantly, the stock price will get so low that a potential convertible note investor will not take the risk to lend the Company money and have to hold the note for six months before they are able to convert.
They are too smart to be preverbal Bag Holders.
So understand that time is the killer. And sfor has a limited time left. They need to show revenue to get share price up and support it.
When management is so quiet it normally does not bode well for shareholders. Hoping for the best
IMHO
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