The balance sheet houses a $100 million convertible note from a related party and bank financing the maturity of which has been extended. The elevated thinking was a public offer and a new convert to pay off the related party with a whimsical dilution the market greeted by passing gas in a closed room. The minds have changed with prices 50% lower.
Insiders hit the 50 bid in December.
Convertible note - related party |
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| 100,638 |
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|
mc 294
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