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To me it's gotta be good news for the great deal we got on funding
Yeah but you gotta realize that the website is not the only place these are sold
Looks like another 7 patches were sold as the last time I checked it was 59 and now it is at 52
Alright. I am heading out to the field. Got 3 day field training... sleeping in a patrol base is going to be terrible
Yeah someone emailed the CEO and he stated that there would be a PR release within 10 days of the release of the 8K which to me would make it the 19th because the should make 10 trading sessions. Usually the CEO updates on the 1st thursday of the quarter
Just trying to disprove a statement from earlier. 250 million shares is entirely different than 160 mil
"Pursuant to the Purchase Agreement, we received from the Purchasers an aggregate of $300,000 in exchange for 40,000,002 shares of our common stock, warrants to purchase up to 40,000,002 shares of our common stock at an exercise price of $0.03 (“ Series A Warrants ”) and warrants to purchase up to 40,000,002 shares or our common stock at an exercise price of $0.05 (“ Series B Warrants ”). "
Thats 120 mil
"The Purchasers will buy additional shares of our common stock and warrants for $150,000 within five trading days of our filing a registration statement to cover the Purchasers’ shares of common stock purchased pursuant to the Purchase Agreement, including shares of common stock issued or issuable upon exercise of the warrants (the “ Second Closing ”). Within five trading days of the registration statement being declared effective, we will receive another $150,000 from the Purchasers in exchange for shares or our common stock and warrants (the “ Third Closing ”)."
Thats roughly another 40 mil based the price earlier.
Help me, help you, help me understand. So that 160 mil
But it doesn't add up to 240 that was my point
They wouldn't need 3.8 mil at this moment. Hartman had a line of credit with redwood and didn't use most of it
I don't math so hard but isn't that a total of 40+40+20+20+20+20=160
So my question again 250 mil?
Where is the 250 million coming from?
You will be thankful
This is a really good deal. They are receiving more money, almost 5 times as much for the same amount of shares. There is so much they can do with 3.8 mil to further this company
9:30?
So has predictions everyone else has made
In the words of someone else "them baby hands are trembling"
Pretty sure he was joking
so 3.5 mil instead of 750K. I like it
Why is it 40,000,002. Like why the random 2?
so what exactly was the 502b for?
Haha I know there is a more techinal term than chilling in a channel but just havent gotten to that in my trading experiences
I believe that there is a limit of 9.99% of the company that they can hold. 80mil would put them at 16%.
Who knows maybe we have the distribution agreement in the bag but we need a sizeable inventory to seal the deal. And heck we might be getting an announcement about more products along the distribution agreement... but one can only hope
Its enough to get us started. What did it cost to get us 10,000 patches back in october? $50,000 if I am not mistaken. I cant find the PR for it at this moment. If say we are putting $200K into creating a stock of the product, that will reduce the price per unit to make and may even reduce the cost some what so that the patch may be more appealing. They could get an inventory of about 40,000 patches.
They have to hit 0.03 before they can sell the 40,000,000
This makes no sense
And your point?
but they never maintained for this long.
A pump would imply that there will be a dump. We have been trading in a channel for the past month. It is almost time for the next leg up.
We didn’t arrive at this sub-performance stock position overnight, & we are not likely going to pull out of it overnight either. – $BIEI
Straight from the mouth of Bill.
OWCP didnt run in a month... it took it 5 months. You aint getting rich over night.
Good one. There is plenty of good stuff in the works that we will see any day now.
No it hasnt. It has been chilling in a channel
agreed
Yeah I do deny all of that. If you took 2 secs you would realize that share price is in fact up by at least 200% from the date of the interview, February 22nd. Try again
Ahaha god I about died just now. The Golden cross is still significant.
We are trading on a new level and that is supported by the increase in the 50 day MA
Haha I just think it's hilarious that whenever something is mentioned people take it as "the prophet has spoken" and when it doesn't happen you wanna stone the person to death.
It's the OTC. Timelines are non-existent
What is? Reference the message you are talking about
Hell I would put money (guess I kinda am by being invested in here) that we have at the minimum a new uptick interview
It was never "announced"... it was mentioned in an interview. Nothing is binding. The share price will hold fine with no updates. We do have news though that I think warrants some attention and that is the withdrawal of the S-1 and the 502B (I don't SEC filings so hard). Why is this big? We are not using a toxic financier and e are getting money from accredited investors which is sooo much better than what we had. So I am happy with the two filings from last week and will continue to hold.