XpresSpa Group Inc (XSPA)

[Rainmaker80]

This is a fair point, not sure why they did this, and actually not sure why they felt the urgency to adjust the terms now.

Perhaps they need the cash to ensure they have enough of a weapon if DTV decides to come at them?

People are forgetting how close we really were to being sunk. If Iriquois has our back, well its helpful. Reality is you do have to make the people who put up REAL CAPITAL to support this company happy if you ever want to see capital again.

Iriquois has indeed lost alot of money here, helping them lose a little less so that they are still behind us, while diluting us less in my view is smart.

Some people here seem to think they are as important as that group, this is silly and hubris, reality is we are not, because as I said, that group ensured you or I aren't holding toilet paper right now.

When you put up tens of millions of dollars for a company that is desperate for financing you are treated differently than Joe Blow with 50k in the company -sorry guys that's reality for every company. You think they gives a rats azz about Granny Smith and her 50k shares in her Roth account?

Think about that a bit, this company still needs the capital markets, you or I or anyone here could not 'save this company' if it needed it, so guess what, we're not as important as the guys that did, and don't be mistaken people, they did save this company and are the only reason we didn't go under. That is reality.