Wednesday, December 13, 2017 12:22:07 PM
https://www.otcmarkets.com/stock/EVIO/news
Obviously it's just fluff until execution, however, EVIO is really trying to get away from those damn toxic notes.
They are looking to raise $3M in convertible funding. The key here is that it's different from toxic notes as there is a static price set for the conversion and it is over a much longer term 36 months.
Guess we'll see what kind of money they can raise but this would be a major change in our stock. We would not see any dilution for years on this funding.
Also if successful, I would hope they immediately pay off any current open convertible notes and uplist to QX. This venture would 'print' 5 Million new shares.... but not for another 3 years.
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