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Friday, October 18, 2019 8:05:40 PM
the draw is on the 2016 shelf (the new S3 is not in effect).
Ah... okay. I think that's probably because there were probably multiple financings and they were done prior to this new shelf.
I believe they are working with a very savvy law firm that is likely on top of all the rules as to how and when to file these things. And what with the conclusion of the SEC foot on their throat investigation, they're hopefully not likely to mess up on any of the rules regarding the filing of the shelf.
I'm not sure if anyone noticed the company also won't be seeing any shares for at least another month.
We have agreed with certain investors not to sell or issue registered shares of our Common stock during the 30 days after October 18, 2019. We may sell restricted shares and/or undertake debt (including convertible debt) during and after this 30-day period.
IMO, not disclosing how many warrants were extended and repriced is quasi BS.
Yes, that would be helpful to kow.
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