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Re: Sprycel post# 892

Tuesday, 10/11/2016 12:30:35 PM

Tuesday, October 11, 2016 12:30:35 PM

Post# of 1637
You're right on target imo except we were already diluted. Dilution is simply the issue of additional common stock for anything and last week they issued over 1.3 million common shares.

A preferred placement would of been way more appealing to the market and applicable to the provisions and they would still have the same rights they do with common shares.

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