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Saltz

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Saltz

Re: fred198484 post# 16124

Thursday, 07/20/2017 9:34:25 AM

Thursday, July 20, 2017 9:34:25 AM

Post# of 233276
Fred, the $5 million in debt can also be converted to shares at .75 plus 50% warrants @ $1. Is that not case? That would seem to be the more likely scenario as the SP in January should make that more attractive then recovering the $5 million plus 7%.

Agreed they do have some security in their investment if things don't work out favorably. I do know the consensus at this moment is the company would not take $5 per share buy out at this moment. I think these investors are planning on converting and making a very nice return within the next year.

Thoughts?
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