Thursday, March 28, 2019 9:14:01 PM
GHS has a financial incentive to sell our shares immediately upon receiving them to realize the profit between the discounted price and the market price. If GHS sells our shares, the price of our common stock may decrease. If our stock price decreases, GHS may have further incentive to sell such shares. Accordingly, the discounted sales price in the Financing Agreement may cause the price of our common stock to decline.
We may not have access to the full amount under the financing agreement.
This is the part that's the best its the best part...,here's the set up which again makes me beg why Vs an offering?
The lowest closing price of the Company’s common stock during the ten (10) consecutive trading day period immediately preceding the filing of this Registration Statement was approximately $0.229. At that price we would be able to sell shares to GHS under the Financing Agreement at the discounted price of $0.1824. At that discounted price, the 16,876,540 shares would only represent $3,078,280.00, which is below the full amount of the Financing Agreement. We have previously registered 20,000,000 shares of common stock at a price of $0.016 per share representing $ 320 ,000 .00 under the Financing Agreement, which is far below the full amount of the Financing Agreement.
We Needed Additional Capital, and the Sale of Additional Shares, Equity and Debt Securities Resulted in Additional Dilution to
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