Marathon Digital Holdings Inc (MARA)

[onewhoknows2much]

NO! NO! NO!

We are not being diluted. This is very simple, the company simply filed a registration statement covering the recent debt financing.

Flyers is completely correct, just as always.

On October 16, 2014, Marathon accepted subscriptions to issue 11% convertible notes in the aggregate principal amount of $5,550,000 due 2018 with 35% warrant coverage. The notes and warrants, which on full conversion or exercise, at the initial conversion price of $15.00 per share and $16.50 per share for the warrants, could result in additional new shares being issued. The notes carry a mandatory conversion clause should the stock trade at a closing price of at least $27.00 per share for any four trading days within an eight trading day period.

This is NOT a new offering and it does NOT represent any additional dilution.

Why a news service picked it up as they did is beyond me. While on the topic, take a look at just who two of the investors are, "Dr. Phil Frost, Robert Coleman". Go ahead and Google both for proper perspective.