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Re: TenKay post# 164229

Wednesday, 05/09/2018 11:38:04 PM

Wednesday, May 09, 2018 11:38:04 PM

Post# of 183214
This was already mentioned in the last 10K, and this PR is very misleading. Last 10K states:

"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.