CETY · Clean Energy Technologies, Inc.
AI read · Bad for CETY
The AI's read
The cash gives CETY money to use now. Conversion cannot begin for 6 months, and ownership and Nasdaq share-approval limits restrict it. But the lender can convert at 85% of the lowest traded price in the prior 10 trading days. Interest also adds to what CETY owes, so the loan terms weigh more heavily than the cash benefit.