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Posted On: 08/20/2020 6:53:29 PM
Post# of 36542
Yes Albert, this appears to be the funding vehicle mentioned a week or more ago. However that mentioned $2M for 5M shares, with warrant A being another 5M shares, warrant B 15M shares and I don’t know about warrant C. This looks like WAY MORE shares than were mentioned then. Since I will not be asking questions on the upcoming conf call, I would suggest someone ask why the difference. If this is that deal, something changed. 148M shares compared to our outstanding 80M is Huge Dilution.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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