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sabaidii2

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sabaidii2

Re: The Other Guy post# 4605

Friday, 03/09/2018 10:33:38 AM

Friday, March 09, 2018 10:33:38 AM

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"LPC?" I assume you're referring to the share price run-up RXI is experiencing over the last few days. Yes, absolutely.

I admit I don't understand details about this dilution:
1) RXI pays LPC $500K to buy up to $15 million worth of existing or new shares over a 30-month period?

2) LPC pays the lowest 10-day share price somehow for each "$ chunk"?

3) Then can LPC just do whatever it wants with the shares (ie, dump them)?
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