The reasoning of some (for non-conversion of MDMN shares to AUMC) on the BB was that AUMC had to have a higher share price (at times it was $0.11 to $0.20 during 2020, late 2023 - mid 2024) . Early 2021 to mid 2022 price went up to max of $1.04, still NO Conversion ! Now $0.70 - $0.95. Does AUMC actually think the price will skyrocket, when over the next ~5 years having to repay $4M for the loan & $20 in services fees & paying back $3-5M to Maurizio. That’s ~$28M paid out of NET income, for an operation (hopefully) starting in Q3. How long will it take to make that much net income ?
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