Monday, April 03, 2017 11:56:31 AM
- confirmed they are waiting for FINRA to approve the RS and that the shareholders already approved
- confirmed it will be 1:4 RS and will happen as soon as FINRA approves
- confirmed they are doing the RS to provide more shares to be converted
- confirmed they are still working on another asset sale
- indicated that the asset sale will only put a dent in the remaining convertible debt
- agreed that even with the RS the additional shares that will be available will not be enough to payoff the outstanding convertibles at the current PPS.
Most on this board who can read the 10K and do basic math already know everything above, but she also said they have another plan that does not involve an asset sale or dilution to pay off the debt but she is not a liberty to discuss that option. This has me scratching my head. Maybe it is a refinancing of merger? Any thoughts? Maybe someone else can call to get more information...Investor Relations: 561-988-1988
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • NBRI • Nov 4, 2024 9:00 AM
Rainmaker Worldwide Inc. to Assume Direct, Non-Dealer Sales of Miranda Water Technologies in U.S. and Mexico in First Quarter of 2025 • RAKR • Nov 4, 2024 8:31 AM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM