RE: Bondholders meeting30 Mar 2022 16:07
I personally see this announcement as a positive but feel free to correct me.
I work a lot with tier 1 contractors and as part of their business strategy, they require 3 years of overarching financial security to secure trade accounts etc.
It would not surprise me if FG has extended his bond's along with our shareholdings to secure and release further finance for his masterplan.
I also believe he would have been approached by many other financial institutions as of late and his move shows a commitment to those who have been loyal to him through the good times, as well as bad.
Remember we have the court case, new investments and patents due to settle, so this meeting could be used as an opportunity to raise capital for further expansion. Based on the monitoring of other companies as of late, I expect to see a significant share increase, followed by a share split owing to the low liquidity, to allow for further investments both among institutions and us as shareholders, so the conversion price could reflect this split and provide a protected baseline i.e share ownership could split 1:3 for us all.