I have a very good feeling and understanding of what happened in that meeting room that day when they were discussing the convertible notes. Something like this would have came.
BOA: “ ok, Perfect, so we have arranged everything for the notes and it should be tradable on Singapore stock exchange. Now, we gonna have to buy some shares first so we have liquidity for Delta placement.
Larry: “ why don’t you have my shares and gave it back to me latter?”
BOA: “ Are you sure? You know those shares will be used for shorting activities for the delta placement”
Larry: “ As long as I get paid for lending you the shares and I get my shares back I don’t see what’s the problem. I get to buy a bigger house in Eastern suburbs. I don’t see anything wrong with that.”
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