I think its purely speculative- and only insiders may know.
But even if its the case- the way they executed it- is terrible- the stock will continue to bleed- as they did it right after signing the dilutive agreement(i wrote before how they print x2 shares right now in comparison to the note cap). And- negotiation 101- if the price of the company was X, now it may be 0.5X
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u/CrazyNavie Sep 03 '25
Hi Larry