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Wednesday, May 09, 2018 11:38:04 PM
"On May 1st, 2018, the Company entered into a term sheet with an institutional investor for the investor to purchase $500,000 worth of common stock at a 25% discount to the lowest daily VWAP during the 5-day period prior to closing."
This is nothing more than a fancy toxic loan where Tom issues more shares to sell them at a discounted price, that will lead to more dilution and an even sooner RS.
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