The note holders extended as I had predicted. And
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Posted On: 12/29/2018 12:41:48 PM
The note holders extended as I had predicted. And I think they will continue to extend indefinitely until its feasible for them to get their money back by selling only 5% of the daily volume per the agreement.
There's no way the reg A is going to happen until the share price goes up. The $20 million is the the max per the tier 1 program, but not what what they would actually try to raise, which I think would be a lot less. I also think they are just getting it approved now so they are able to pull the trigger when they are ready, but it might not be for a while- I think it's good for a year.
Chan is now taking only 10%, so he apparently was willing do do what he needed to make it work for everyone. He owned about a third of the Company before this so this seems like a pretty big concession on his part.
I'm assuming Gerald is counting on a big IPO for Coeptis as the catalyst to make the share price rise by April? We only own 50% of Elto now, so I guess that would be 3.25 million shares of Coeptis for us? Still a lot of unanswered questions as usual.
There's no way the reg A is going to happen until the share price goes up. The $20 million is the the max per the tier 1 program, but not what what they would actually try to raise, which I think would be a lot less. I also think they are just getting it approved now so they are able to pull the trigger when they are ready, but it might not be for a while- I think it's good for a year.
Chan is now taking only 10%, so he apparently was willing do do what he needed to make it work for everyone. He owned about a third of the Company before this so this seems like a pretty big concession on his part.
I'm assuming Gerald is counting on a big IPO for Coeptis as the catalyst to make the share price rise by April? We only own 50% of Elto now, so I guess that would be 3.25 million shares of Coeptis for us? Still a lot of unanswered questions as usual.
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