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Oakie1

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Oakie1

Re: Jay Arr post# 26630

Tuesday, 08/30/2016 4:59:26 PM

Tuesday, August 30, 2016 4:59:26 PM

Post# of 35337
I think they're actually warrants that are attached to the debt purchase with no actual cash paid for them at this time. Saunders' note purchase can convert into 2 million shares, and it looks like common stock warrants for 200,000 more shares are additionally granted as a sweetener. Once they file the note documentation we'll know the full details.
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