3 ms·
This article is lame. So, had Draper Richards converted their $250,000 loan to shares, they would have made out big on this deal. OR, the whole outcome could
by brk 17y ago
This article is lame.
So, had Draper Richards converted their $250,000 loan to shares, they would have made out big on this deal.
OR, the whole outcome could have been totally different. If they would have been a major shareholder, it stands to reason they would have also had major influence, both on this deal and everything leading up to it.
It's quite possible that this deal would have never even existed had they not demanded loan repayment instead of shares.