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Friday, October 18, 2019 3:15:37 PM
If this raise goes through at say 50M shares at 50 cents (prolly real close), Titan gets $25M in cash BUT whomever participates gets ownership of 50M shares out of what would be ~84-86M o/s. They would have voting control, no ? Isn't it likely that happens and Mgt is voted out OR do they NOT do the raise and try to sell it outright ?
**This scenario wouldn't even include having them exercise a single warrant of which they would get 50M of those as well. Am I missing something ? Would they not do the raise if it is just 1 interested party ?
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