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Friday, November 17, 2017 9:45:41 AM
but dilution will be heavy upon the little guy - as usual
the forbearances are 75% & 80% - which are 20% and 25% discounts on the defaulted loans
question is, how much has the interest, fees, etc. added over the $16-Mil. already owed since FY15?
these defaulted loans are not magically waved away
and they still have key milestones to raise target capital in timed durations to meet the LOI requirements
also, I suspect they could dilute up to the current 150-Mil. AS count
we don't know what the float is - last filing had it pegged around 75-Mil.
would not at all be surprised to see them announce another ASHM to increase the AS count to 500-Mil. 'after' whatever news they have to release this Sat. Nov. 17th and Jan 7th
does Eltopra really have some life to it - the Ph. 2 test results were not at all stellar
your call...
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