- Accept a high interest loan with unlimited amounts of binding terms, allow creditors to amend those terms.
- Share price drops significantly.
- Creditors change the covenants and calls for loan repayment that's supposed to be due on 2022 at the worst possible time.
- fund managers come in to pick up everything cheap.
Either MC got outplayed hard or MC outplayed all of us hard. This is a good lesson for new investors like me I guess
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