getting closer to the agreement, page-30

If the debt are converted to perpetual notes, won’t that be like a getting an extension to pay the debt at a later date without heavy dilution like that experience by CNP share holders. If that is the case, then BNB shareholders will likely win if in the next couple of months asset price increase. Holders are better off with this deal rather than going into admin, because they will gain if assets price gain in the next couple of month.

Dilution now would mean locking-in current low price. We don’t want that path. Perpetual notes is much prefer, everyone win.