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So 15M is the floor.
They cant dilute shares if its under 15M per the 1M financing document they did on the preferred share agreement.
CDEL put a 7M wall up at .0019 again
same here. Also roughly 10 days from the mailing of the change in Directors
Going to be a fun week
20 days from that conf call is this coming Monday.
Always darkest before the dawn
It was the same filing as the one released on the 10th and the 12th about change jn the board of Directors. I’m assuming they mailed it on Friday the 27th or Wednesday the 25th. Most likely the 27th imo.
They have to wait 10 days after the mailing. 10 days is this coming Monday the 7th if they mailed it on the 27th.
There is a lot to do for them imo...
update us on the share structure post merger, selling of the preferred shares, revenue/market cap estimates, how much of the outstanding shares they currently own.
100%
JPEX
$JPEX
Going to be a great day
Because they are two separate companies now. BigToken’s just says it was built by SRAX
I think mine was too actually
Agree. Srax site doesn’t reference BigToken anymore. I also didn’t get hard copy investor notice until this past Monday
stunned at lack of activity on the board
Yep
To the Moon
.0028 tomorrow
.0045 Friday
This will hit .0028
100%
10 bagger minimum from here. Predicting 18-20
Agree. 0017 is the bottom
100%
yes.
.0018-.0022
big slap
100%
This should be pinned
Current Rev > Current Mkt Cap
100%
Golden Nugget
4.17 Subsequent Equity Sales. From the date hereof until the date that is the earlier of (i) the completion of a Qualified Financing (as such term is defined in the Certificate of Designation) or (ii) the twelve (12) month anniversary of the final Closing Date (“Equity Sale Date”), neither the Company nor any Subsidiary shall issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of Common Stock or Common Stock Equivalents whereby the Company’s pre-money valuation is less than $15,000,000, except for a Qualified Financing. Notwithstanding the foregoing, this Section 4.17 shall not apply in respect of an Exempt Issuance, except that no Variable Rate Transaction shall be an Exempt Issuance.
https://www.otcmarkets.com/filing/html?id=14457990&guid=J_XqUqgnYFIUmyh
To the Moon
My Theory-
In late July/August SRAX bought 450M or so of FPVD common shares for .0001-.0004 per share. Majority of those at .0002 or less.
Look at the volume in late July/Early August before Paul started filing getting the company current. As you can see....these things take longer than people think.
They could have bought 51% of the outstanding shares for 75k-110k.
I think this for a few reasons...
1- How fast it rose (twice) If half the OS is locked up for voting power....stocks are gonna move.
2- Look at the volume when they announced the OS increase. It probably should have been more and a greater sell off.
3- Today this stock was down 25% with news pending. People are on the edge of their seats....In most OTC’s that would cause a mass panic. This ticker doesn’t flinch and volume was only 17M?
4- Remember at the last Conf Call they mentioned they had 10M of marketable securities?
Could that be because SRAX already owns 450M of FPVD oustanding shares? The OS is roughly 850M. I think SRAX owns half already before the share exchange.
Just a theory but it would have been very smart of SRAX to buy hundreds of millions at .0001 and then approach Paul.
It was that he’d accept the role. He did.
100%
To the Moon
Today will be awesome