SiNtx Technologies Inc (SINT)

[OhManIDied]

Charts + Financing Worst Case

Nothing has changed with my perspective.. refer to the post I replied to.
I will laugh pretty hard at the institutions if Japan clearance or merger announcement suddenly launches this before July 12... so take my apparent bearishness with a (few) shot(s) of your preferred hard alcohol if you try to flip this based on what I write below.
Note: there is really not a massive difference in dilution between best and worst-case - if I recall correctly from one of my earlier posts, dilution is ~80% and ~88% in both cases, respectively - the damage to retail shareholders is already done by Sonny.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140776357
-Edit: found the post referred to above.

WORST CASE: Summary recap of financing:
To be clear - this scenario is hardly different than the financing that brought it to $0.10 before RS to ~$1.4

Floor conversion price = $0.48

87.5% discount to lowest VWAP 5-day prior to conversion applies the 5 trading days prior to July 12th = 87.5% discount to VWAPs on July 05, 06, 09, 10, & 11th (I'm not clear if this is total VWAP or avg. of the 5 days but that's besides the point).

To recover shares at $0.48/share, 5-day VWAP must be $0.5485/share or lower; I don't really see any penalty for trying for lower if buy-volume is low. I would be collecting shares from panic sellers and disgusted longs.

I personally highly doubt that interested money will sit idly by and leave money on the table unless there are much hungrier sharks/whales in the water.. but this would be a real feat in price manipulation using either converted warrants (totally worth doing but hard to prove fair intent) or naked short shares.

Again, this could be how ZBH is rewarding the institutions that holding their dying stock.. as I pointed out earlier: conveniently, the ZBH price to buy AMDA likely does not change much due to the financing and the "debt-free, not cash starved" story has a nice ring to it when telling a story..

FYI: IF the Series B holders get their way, they will convert $1100 per $1000 invested @ $0.48 with a true break-even at $0.4363 - this is the truest floor price IMO.

Updated chart (older chart further below):