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Posted On: 05/01/2020 9:49:45 PM
Post# of 36567
Food for thought....anybody know if this is another reason the pps may be low ???
Our issuance of common stock upon exercise of warrants or options or conversion of convertible notes may depress the price of our common stock.
As of October 31, 2019, we have 62,290,940 shares of common stock issued and outstanding, outstanding warrants to purchase 15,405,395 shares of common stock, outstanding options to purchase 8,861,675 shares of common stock, and outstanding convertible notes in the amount of $3,719,100, convertible into 3,744,548 shares of common stock. The issuance of shares of common stock upon exercise of outstanding warrants or conversion of convertible notes could result in substantial dilution to our stockholders, which may have a negative effect on the price of our common stock.
Our issuance of common stock upon exercise of warrants or options or conversion of convertible notes may depress the price of our common stock.
As of October 31, 2019, we have 62,290,940 shares of common stock issued and outstanding, outstanding warrants to purchase 15,405,395 shares of common stock, outstanding options to purchase 8,861,675 shares of common stock, and outstanding convertible notes in the amount of $3,719,100, convertible into 3,744,548 shares of common stock. The issuance of shares of common stock upon exercise of outstanding warrants or conversion of convertible notes could result in substantial dilution to our stockholders, which may have a negative effect on the price of our common stock.
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