RFE 0.00% 0.0¢ series 2018-1 reds trust

the note will be converted to the lessor of 35c or 85% of new...

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    the note will be converted to the lessor of 35c or 85% of new shares.

    say if 35c is the lessor, then new shares will be at least issued at 41c or above. selling at 47c is very silly.
 
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Currently unlisted public company.

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