PSYC Corporation (PSYC)

[FreddyJ_30]

This disclosure reveals two new players:

10/29/2018 - Equity Purchase - Planet 13, LLCBrandon Robinson
$500,000 @ .0031 with common stock purchase
warrants for up to the original
investment at the same rate
expiring one year from execution

That's 161,290,323 shares with an opportunity to double that to 322,580,645


12/21/2018 - Equity Purchase - Payment USA, LLCE.W. Wright
$150,000 @ .0025 with common stock purchase
warrants for up to 340,000,000
additional shares. Warrants
expiring one year from execution

That's 60,000,000 shares with an opportunity to possess 400,000,000 shares

These 2 new players - who now have a combined initial stake of 6.7% in the company - can execute these warrants to increase that stake up to 19%.

On one hand, that's $650,000 of new money invested and $1,350,000 sitting on the table with these warrants. But on the other, the warrants are at .0031 and .0025 so these guys are getting deals compared to us. It seems likely to me that they'll both increase their positions, unless the banks come in and wipe us out before they pull the trigger. That does means a possible 500M shares worth of dilution tho coming our way?

Between the two, the Planet 13 investment excites me because they are everywhere in Las Vegas. This PaymentUSA thing tho, is suspect.