Flexy6Thanks for the info Flexy. I agree with you. That is exactly what they were up to. He would have been able to convert his shares at 15% below the market. He would have controled the company for only 2 Million dollars. A pittance of what the company is worth.
That is also why the company proposed adding so many more shares at the AGM. Lucky it was squashed. IBR would have been finished. Looks like there is still a very positive future for the company now that it has the founders back in control. Nice to see the stock price improving as well. Keep up the informative comments Flexy. I enjoy your insights.