Notis Global Inc. (fka NGBL)

[tigerpac]

Medbox needs to find money any way it can. They already had this institutional investor who wanted to give them cash but the exercise price became to high to make sense to complete transaction.

So what to do you do?

Medbox needs cash. They can't get loans from a bank or do a normal public offering, You screw your existing shareholders again because it's the easiest thing to do. You discount from the current price of .14 because you need to guarantee your investor that he will make money in exchange for the almost 3 million shares. This give the investor a cushion when he sell the shares into the open market. The guy can make money all the way down to 6 cents.

Why would you give Medbox money at .14 when you are taking all the risk? The discount eliminates most of the risk.

BTW it also very easy for management to reprice all its own shares, options, and warrants as well since they have the votes. But don't worry they are looking out for the common shareholder first!!!

Lol.