SunWorks Inc (SUNWQ)

[Grizzly22]

you touched on a few of these points but I'll post this anyways


3 SUNworks owners and managers were given convertible promissory notes

1 lawyer (richardson) who worked on the acquisition transaction was given convertible promissory notes

1 finance company who provided S3D with the capital to acquire SUNworks was given convertible promissory notes.

They financed the acquisition with 1 part chash and 1 part shares.

the 3 sunworks guys and the lawyer are all part of S3D. The lawyer was brought onto the board. If they sold shares there would be a SEC filing within 2-3 days.

The finance company does not fall under insider sales. if they converted their notes and sold them, it would not show up under a SEC filing. at least as long as they dont own more than 5%+ of outstanding shares.

The consensus is that the notes automatically convert by Nov 1st. or around that time.

They could be converting and selling some of their shares now. If we are absorbing some of them now, that would be ideal.

the next acquisition will not even be close to the same amount of dilution. for one, the PPS is much higher. second, S3D now has capital of their own. Thus, the "clear skies ahead" mentality after we get rid of this dilution.

No one would argue that the SUNworks acquisition hasn't ALREADY been worth it. and the potential for huge growth via SUNworks alone is pretty awesome.

I'm not a convertible promissory notes expert but thats my understanding of it