RE: Apple not allowing Apps without government approval28 Oct 2022 12:29
The loan notes provided an opportunity for the concert party to take control of the company while the price was on the floor. Mode needed the cash. Now they cant convert anymore after exceeding 30%. Technically they should put in an offer or at least refute the 'concert party' claim, maybe they have sold to below 30%. I see it as also preventing a mega low ball offer being accepted.
We can see now where Mode is heading, more coins, more retailers, more salary contracts, more users, more business to business transactions. Once the numbers get up and the transaction frequency increases this becomes self sustaining. Once Bitcoin does another massive surge Mode will be very well positioned to take advantage of the hype. Unlike many small Aim cos things are actually happening here. Hold for weekly news flow.