Didn't read terms of the new instruments (why bother. Just sit back & think about this prima facie.

19 Jul 2023, 13:26
Didn't read terms of the new instruments (why bother?). Just sit back & think about this prima facie. Co. can't pay debt, issues new debt at >interest evpense denominated in debt it couldn't pay before, to be funded by issuing more devalued common. IIO: Initial Idiot Offering