Abattis Bioceuticals Corp. (ATTBF)

[GreenBrickRoad]

Ok.. so, that's $2.5M for NV / Emerald agreement, $6.7M for the PP closed 1/4/18, $6.9M for the PP closed 1/10/18 (i.e... today), and another $8M on the way?

That's about $24-25M in cash.

Great, and it's nice to see such interest in ATTBF... but we're starting to reach a level of dilution I'm not especially comfortable with. O/S + warrants will be around 300 million by the time all this is settled.. which means if they continue to offer more PP's or award management and creditors new shares in lieu of cash, this is going to start looking really ugly.

After this PP, it's about time Abattis uses the cash they have to "organically grow its existing business," as they keep saying, in measurable ways.. or they should be informing shareholders why they need to dilute more than 100M shares for over $25M in immediate cash.