I have no problem worrying about this when the price is .25. Thankfully, that was already taken off the table, which to me was a big move. They didn't even leave the option open. They did not let KBM convert. They have their faults (as do all companies) and they get beaten on them more because they are a lot more public about their business than just about anyone I've ever seen. I'm a little shocked that this isn't above .002 at the least and even there to me it is hugely undervalued. As I said before, the only way they lose the KBM case is if the judge lets them convert, any other decision I consider a win. I expect them to pay the 64k loan, which is peanuts compared to the big picture.
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