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Re: Jiminy Cricket post# 14628

Friday, 02/17/2017 7:32:55 PM

Friday, February 17, 2017 7:32:55 PM

Post# of 21832
Yuge! But I decided to read the whole filing anyway. Mixed bag. There will be a short term liquidity crunch and a long term dilution lid. Looks like they sold 80% of a fully diluted company to get out of debt and have some operating capitol. Company will operate at 20% of A/S count until sometime down the road when the Series D holders think its safe to convert and sell shares (dilute). Interesting construction. Who would come in and save these Bozos that didn't think he (they) could get the labs up and running and revenue producing? Does you IQ let you follow all of that?