TC and Doc (both good dudes) and others bombarded me with the fact that Joe stated that all the convertibles were bought back.
Quote:Doc: On the CC Joe said the company has no convertible notes left.
Quote:TC: Like doc said, I recall Joe stating that all convertibles were bought back. Hope we heard it right.
Then why are their convertible notes described in the latest 10Q (NOTE
Quote:On January 24, 2019, the company entered into a note payable with an unrelated party at a percentage discount (variable) exercise price which causes the number to be converted into a number of common shares that “approach infinity”, as the underlying stock price could approach zero.
I didn't go back and listen to the referenced conference call. But if Joe said that, he was incorrect AGAIN. And again, whether he is lying or incompetent, I don't care which it is ... either is unacceptable.