standard us bucket shop convertible notes, page-2

"A few patronizing posts, not much discussion."

It was clearly discussed and explained that they are not converted to scrip immediately as you tried to make out, along with the other important elements that were conveniently overlooked that makes the funding pretty good actually.

"And if they cut the deal short, they don't get the $100k back so it becomes a very expensive bridging loan."

$100k or 10% on $1M for up to 24 months in this market is not expensive in the slightest

Stick to the facts - why a new thread was started for this is beyond me, merely attention grabbing