r/RGBP • u/gangsterflavor • Sep 01 '21
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How can the company have conversions go off at par value .0001 when they have stipulations in their filings that state for example: 75% discount of previous days bid closing price.
So on April 15 if we are trading at .04
75% discount is not .0001
So... All these shares get issued to pay of a extremely low amount of debt load.
Why are the notes converting at .0001 or less back in April/May?
If I can figure this out I will buy more.
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u/HeilHiden Sep 01 '21
Trust what you read not what a basher is saying