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Re: A deleted message

Monday, 12/11/2017 8:03:02 PM

Monday, December 11, 2017 8:03:02 PM

Post# of 138019
Correct. I read the agreement and it states quite clearly no more than 5% can be submitted for put notice in a 15 day period. So they could never convert all $5m at today's price.

Our price would need to not move for 1 to 2 years for that to work.

And even if we use the money super inefficiently and it costs us $100 to acquire a customer... we will have a much bigger user base (50,000) bringing in millions of revenue and warranting a share price much higher than this.

And as an example - if our price hit .1, and they buy at .075 - it would only be 67 million shares, not 5 billion.

And there is alot of room between the two extremes as we grow.