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Join the bag holding team with your leader gail
You go silent when you're bag holding. Poor guy.
I feel bad for you. Looking at your history you just about lose every stock you play. I can offer loans at 18%
I'm not bag holding, thats the truth. ahahahahhaha
You left with heavy bags....on to the next loser.
How are those bags, bag holders?
read the chart....it's gonna be another 4-5 months before HOLO spikes.
Aw, how cute. You're bag holding
chiscam baby, creating bag holders one day at a time!
Explanatory Note
On March 13, 2024, the Company entered into Convertible Note Purchase Agreements (“CNPA”) with certain investors (the “Investors”). On March 14, 2024, the Company issued to each Investor an Unsecured Convertible Promissory Note (the “Notes”) pursuant to the CNPAs. The aggregate original principal amount of the Notes is $14,000,000.00.
The Notes were offered in a registered direct offering and registered under the Securities Act pursuant to a prospectus supplement to an existing effective shelf registration statement of the Company.
The Note has a term of 360 days commencing on March 14, 2024. The Notes carry an aggregate original issue discount of $1,120,000. The Company bore the costs and other transaction expenses incurred in connection with the purchase and sale of the Notes.
Subject to a Ownership Limitation (defined below), each Investor has the right to elect to convert all or a portion of the outstanding balance under the Note into ordinary shares of the Company pursuant to the following formula: conversion shares equals amount being converted divided by the conversion price, which is calculated as (A) the lowest market closing price of the Company’s ordinary shares in the sixty (60) trading days preceding the date of conversion request (B) multiplied by 70% and (C) rounded down to the nearest 2 decimal places. The conversion is subject to adjustment in the event of a stock split, stock dividend, recapitalization, or similar transaction.
Ownership Limitation: The Company may at it option decline to effect any conversion of the outstanding balance under the Note to the extent that after giving effect to such conversion would cause the Investors (on an individual basis) to beneficially own a number of shares exceeding 9.99% of the number of shares outstanding on such date
Upon occurrence of an Event of Default (as defined in the Note), the interest rate shall accrue on the outstanding balance at the rate equal to 10% per annum. In the event of a default, Investors will continue to have the right to make conversions until such time the outstanding balance is paid in full.
The Registrant will use the net proceeds from the offering of the Note for working capital and general corporate purposes.
The foregoing descriptions of the CNPAs and the Notes are summaries of the material terms of such agreements, do not purport to be complete and are qualified in their entirety by reference to the CNPAs and the Note, which are attached hereto as Exhibits 99.1 and 99.2. The prospectus supplement relating to the Offering is filed on the SEC’s web site at http://www.sec.gov.
The information contained in this Report is hereby incorporated by reference into the Company’s registration statement on Form F-3 as amended (File No. 333-274650), filed with the Commission on October 11, 2023.
Did all of you miss the SEC filing submitted today? Guess so.
ooops, nice try
aw cute, I was right and you're bag holding.
ready for that big red candle tomorrow?
how them bags doing? ahahahaha
550k float? lol dummies created daily.
Keep drinking that kool-aid juice
The point was that you were calling me out saying it wasnt me. So I put the bid in to prove it was me. Yes I was a buyer at 0.04's but now seeing how much more they are diluting, this will be getting to $0.02's and i'll buy then.
Why is that?
Considering 2-3 million diluting takes this down 20% each time. At this pace we'll see $0.02's by next week.
Take advantage when it drops to $0.02's not now. let them dilute and bring in new bag holders.
Dilution city! weeeeeeeee
i'll be a buyer in the $0.02's
The proof is in the OS. It will keep growing daily.
650k order at $0.046
that is mine. Anything else you want me to prove to you?
650k order at $0.046
that is mine. Anything else you want me to prove to you?
keep buying those $0.05's diluters love you.
dilution should be complete...yeah heard that one before lol
Dilution aint over lol
At least what I say are facts. Then you have gp22 spreading non sense but never gets called out on it?
Dilution it is =D
3 million shares a day diluted by this pig CEO lol. Love it!
Dilution is over, dilution is over!! lol
dilution still around!
Looks like sell the news type event.
Can hear the crickets here....
Finally green on below average volume
Volume has come to a stand still
Down 10% but we are looking GREAT! lol