Loss for the noteholders. They will be happy to convert at 30 and sell at low 20s. A 30% loss is better than a total loss as the Company can’t pay them back. It is their only option really.
Few people believe the recently announced deals will generate any revenue.
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- Ann: MYQ reaches agreement in relation to convertible note debt
Loss for the noteholders. They will be happy to convert at 30...
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