He loaned the money for I think 2% and needs to get paid back. The company doesn't have the money to pay him and so rather than dilute everyone into oblivion they have rolled it over as a covertible note. Everyone will still get diluted given the seriously low market cap
He loaned the money for I think 2% and needs to get paid back....
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
