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Re: Greenthumb21 post# 35364

Tuesday, 07/25/2017 5:24:45 PM

Tuesday, July 25, 2017 5:24:45 PM

Post# of 68549
The only problem with that thesis is the LRS would exercise their warrant against ECOS and ECOS would deliver the shares from their authorized but unissued shares. They would not go through the exchange so they are not in trading volume.

My guess is that some of this the toxic holders playing with the price to make their conversion more attractive. Most of the toxic debt is exercisable based on the previous days market close (times a discount of 15-20%). If you drive down the price you get more shares on conversion of the toxic debt to shares. You then let it run up a bit and sell. My guess is that this has been part of the play in the share price.
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