To sum up the pertinent parts: They are trying to
Post# of 30027
They are trying to simplify the capital structure prior to a regA+ offering or some other capital raise/uplist scenario.
LCD- open ended, not to begin until cap raise/uplist with terms. New info is 30% of raise paid in cash, 70% xonvertible
Series E- they are still working to establish terms and how to convert. May convert straight to common.
Series F - they expect to complete dissolution/conversion on same terms stated previously with the various 9.9% stakes in company and subsidiary.
Series H- they intend to convert this to common this quarter.
Series I- this is converting to a unsecured convertible
-Additionally there were several new convertible notes issued for cash, and we have a notes payable of $166k.
-note on coeptis says all parties including psychogenics still support working toward original plan raise IPO. But noted there's no guarantee transaction goes through.
In summary, we're still alive, the en mass dilution is off for a long time, but there is significant dilution due to begin immediately. If I wasn't long, I'd sell, hopefully only short term pain.