Post by
tamaracktop on Jul 04, 2024 9:23pm
Some people won't remember
That particular issue of convertibles was actually amended twice.
The first time was at the time of issue, because it wasn't selling.
The second time was the amended terms of the warrants a couple of days ago.
The first ammendment didn't work very well.
As I recall, the investing public only subscribed to $1,020,000 of the issue, and he bought the rest.
$3,020,000 was the total, I believe.
He must be glad he bought it.
The amended terms just put $200,000 in his pocket.