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Prophet of_Profits

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Prophet of_Profits

Re: 3CTraderIsBack post# 16168

Tuesday, 04/28/2020 8:13:49 PM

Tuesday, April 28, 2020 8:13:49 PM

Post# of 19558
The most relevant part of the amended 10-k is the convertible preferred info. I assumed they were converting but apparently not. It's good news and bad news.

Bad news - Sabby didn't convert. I would just like to be done with Sabby and move on. We still have that overhang although it's only $300k.

Good news - Sabby didnt convert. Looks like they are waiting for the funding news too and expect positive things. Also, I was expecting conversion below 0.20 which would mean more dilution. If they stock can hold these levels or higher when Sabby does convert it will be less dilution.

Overall not much has changed. It is still all about the funding. If we get funding news everything will take care of itself.
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