(Total Views: 710)
Posted On: 07/31/2020 5:53:24 PM
Post# of 153898
The 1.6 million refers to converting shares and selling them. Which, if we are under $10 wont matter.
If we are cash rich, the 15% premium to prepay wont matter either, as it will be substantially less than the share price that the note holder can exercise.
This is exactly what I expected to see in this 8-k. The only new item that caught my attention was the prohibition on securing more debt, but thats not really surprising.
By the way, I am a finance guy.
If we are cash rich, the 15% premium to prepay wont matter either, as it will be substantially less than the share price that the note holder can exercise.
This is exactly what I expected to see in this 8-k. The only new item that caught my attention was the prohibition on securing more debt, but thats not really surprising.
By the way, I am a finance guy.
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