CV Sciences Inc (CVSI)

[all4weed]

As per the Form D, they have already sold shares worth $750k. Do does it mean the dilution is coming to end.


13. Offering and Sales Amounts
Total Offering Amount $ 770000 USD o Indefinite
Total Amount Sold $ 750000 USD
Total Remaining to be Sold $ 20000 USD o Indefinite

Clarification of Response (if Necessary)
The purchase price for the Secured Convertible Promissory Note is $750,000, computed as follows: $770,000 original principal balance, less an "original issue discount" of $15,000, less a $5,000 reimbursement of Investor's legal fees.