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Re: sentiment_stocks post# 277004

Sunday, 04/12/2020 8:06:14 PM

Sunday, April 12, 2020 8:06:14 PM

Post# of 701429
One thing I cannot understand, if LP personally has many warrants, why would she possibly be attempting to have them expire worthless. Certainly she doesn't have them all, but enough to make a healthy profit, and bring a fair amount of money into the company by their conversion to stock.

I recognize that she may have a need to have more shares authorized in the future, but if the stock is selling for substantially more, I doubt if shareholders will turn her down. Frankly I thought such a measure would have been voted next Saturday, but it wasn't. It's also very possible that at some point in the future we'll have to vote on a partnership which includes this sort of issue to permit the partner to take a substantial equity interest.

Gary
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