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Re: I-Glow post# 143734

Friday, 07/06/2018 6:49:21 PM

Friday, July 06, 2018 6:49:21 PM

Post# of 203914
OWCP doesn't get $5 Million for nothing.


I know all about the anti-dilution provision. 3-day average during previous 10 days is reasonable.


I don't believe you read all of "the 8-K - the S-1 - the S-1A and the 424B3..." but whatever.


The paragraph you keep posting says "up to 47,500,000 shares of our common stock"

as in UP TO...


12,500,000 of the 47,500,000 shares of common stock will be from the Warrants if Discover Growth Fund exercises the Warrants.

If they do exercise the Warrants then Discover Growth Fund will pay OWCP an additional $2,750,000

12,500,000 X .22 = $2,750,000


OWCP will then pay Newbridge a commission on the proceeds from exercised Warrants of 4% which is $110,000.

So OWCP will receive an additional $2.64 Million if Discover Growth Fund exercises the Warrants.



Now are you starting to kind of understand how Warrants work or no?





$OWCP looking good right now

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