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Re: None

Wednesday, 08/24/2016 11:28:59 AM

Wednesday, August 24, 2016 11:28:59 AM

Post# of 21822
don't think your information is correct
of course insiders and 5% holder must declare 144 sales. Do not know where you get your information from.
1. I was under the assumption that Sileas 18 million was converted into the additional 3+ million shares that will be outstanding
The real number now is around 3.7 million because Sileas converted
I believe that the 2.50 market they are entitled to convert
I see 3.7 million + other 1.6 eventual from Sileas +4.5 from offering (including over allotment )+ potentially another 4.5 warrants that will be converted. do the math now
The warrants are the only play here -the sell has only been the institutional and hedge funds that don't need the common because the have these amazing warrants that are 5 year and non-callable exercise @ $1.50
Strong buy on the warrants OPXXW @ .30.

snakes alive

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