RE:RE:RE:RE:RE:How in the F_ _ k does this stay flat or red????With those cheap shares they got at 19c they'll just short the stock and cover with them. That's 105M shares and a half warrant. That play will take long to fizzle out given our recent volume.
As for the the 116.6 million share I thought they converted already for $63.5M in Sept 2020 and should already be in the float (half of it was restricted for 4 months).
I am not aware of another 50M shares...what are you referring to?
doesn't make sense to take the 40M and buy off the $26M debenture...that's like a share buy back at a much higher price than they got the money for.
Am I missing something still? Please add to this discussion.
bottom line is, I think, loan sharks like MMcap will take their profit and go. That's inevitiable when you are small and need capital to grow. As we mature and get re-rated management will have access to better lending options (if needed) or credt facilities. FIRE won't be dealing with these fukkers for much longer.