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Re: kevindenver post# 34006

Thursday, 07/20/2017 3:02:10 PM

Thursday, July 20, 2017 3:02:10 PM

Post# of 65765
Sure thing but as we see last year someone pulled in 100M+ shares on a $75k note ( maybe even less it's in the 10q) convertible notes are usually 50% on top of lowest price in 30 days.

With mezzanine financing your probably looking at equity at 80% cost and from acredited investors not people looking to cash out right away.

It's a much more stable alternative. It also means that accredited investors are willing to accept a valuation of the company. $3million is a nice cash infusion unlike the convertible notes of today which are paying the light bill more or less. It's expansion money.

Remember dilution doesn't hurt until people unload.