It would depend on the lender, he can take the sha
Post# of 2064
(Total Views: 311)
Posted On: 06/14/2021 6:02:10 PM
It would depend on the lender, he can take the shares and sell them whenever he wants, but typically once they take the shares, they sell right away, as they are already profiting from the difference between the conversion price and the market price as well as the amount owed for the 12% interest rate, also converted into shares. That is their business model.
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