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Re: momotrader post# 140320

Tuesday, 05/14/2019 8:13:19 AM

Tuesday, May 14, 2019 8:13:19 AM

Post# of 222495
your assessment isn't totally correct. I'm assuming your calculation is based on using all 750K to purchase 20% which may be true but that doesn't mean it's restricted to that. They have 2 caps listed, a dollar amount and a percentage amount. At the time the stock was trading at .0001. If the company wanted to implement the agreement today they can repurhase the stock at .0003 or .0004 as long as the dollar amount doesn't exceed the 750K, but they just won't reach the 20%. If they purhased the stock at .0001 then they can easily reach the 20% but won't spend all 750K.

But unless i'm not reading the filings correctly it looks like the program expired in April. So this is mute.

15174-872-XXX
TCR1515007XXXXXX
TCR1515093XXXXXX