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Re: zerosnoop post# 40200

Thursday, 05/25/2017 10:23:26 PM

Thursday, May 25, 2017 10:23:26 PM

Post# of 57237
I see, yes they legally would have an obligation to raise the authorized shares if they don't meet all the obligation of the existing outstanding warrants that if exercised could push them over the current limit of 300m.

But lane is saying that the additional shares will be used for expansion and inventory, so I'm sure it's for both of those reasons.