Saturday, December 09, 2017 2:57:25 AM
Cola has since inception....we expect, forsee, lockstep, projections, etc...
Not surprising he used this tactic.
They already have the warrants in place to issue an extra 1.6 million shares or however many.
Not to mention the preferred stock that has yet to be used.
Those alone will cause major dilution...just a matter of when they will need the cash.
Sales must come soon to avoid going below current valuation levels.
Our current valuation seems like a bargain...but that's a lot of firepower to cut this thing down to nothing... although this surely isn't managements plan, until sales arrive, it's a possibility.
Best case scenario we earn a multi million dollar contract and the warrants are exercised at $4 and get us some spending money.
Otherwise....
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