El Capitan Precious Metals Inc (ECPN)

[georgeiporgi]

invest, seems they turned off the drip by turning it into a flood. Two equity purchase agreements to replace 1.

Seems I was wrong about one thing though. I was thinking they may have changed from river north because they were gonna get a better deal. A quick read suggests the terms of the new agreements are more dilutive, not less.Looks like the reason for the change was to enable the dumping of more shares.

Lets see, 10,000,000+ shares to Hoppel and 100,000,000+ shares to L2. Gets them to their goal of 500,000,000 shares outstanding. Ol stumbelton likes to keep on top of things so I expect there will be an increase of authorized shares to 600,000,000 or 750,000,000 by August.