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Re: JJSimmons post# 9092

Sunday, 08/18/2019 10:58:01 PM

Sunday, August 18, 2019 10:58:01 PM

Post# of 10436
Reverse merger to get COWA listed has some value. Preferred C gives Dietrich control, seems like they sold down common to open up for the CTO to purchase on the open market. Merger was priced at .0575 for 100 mil shares pro rata. Just seems to add up since Dietrich owned 18 mil in 2017, it just looks like he added from there to maintain control. 2018 warrants converted to A..B shares have 600k value. So roughly $1.2 mil value with no rev. No clue the direction long term but an NT-10Q reported and COWA set to report think COWA already made the milestone of $2.5 mil. Yoy.. January rev was $275k. 188 mil shares as of May..just seems fishy. Sending this through BK would lock COWA out with an oversupply of marijuana right now, just think marketing has value plus you can list basically for free
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