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Re: sidishere post# 31263

Thursday, 08/16/2018 9:22:39 AM

Thursday, August 16, 2018 9:22:39 AM

Post# of 96660
It could be, it could be a "lock up period"

But keep in mind until it is CLOSED, they are not in fact preferred shares no? As of June 30th there were 2 million plus in convertible notes alone left. Confirm that number on the call.

Ask about the status of the unclosed deal notes as well. Can they convert if a deal is not made?

Way too many unknowns right now. But with the right answers it could very well be positive.

Usually with the preferred shares there is a lockup period where they can convert after say 6 month etc. Giving the market price a chance to creep up to make the dilution less problematic. But right now there are still notes and that deal did not close yet.

That is the whole ball of was right there. What is the discount on conversion here? (for the notes?)


Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at