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Re: derkampfer post# 7371

Friday, 06/26/2020 9:48:42 AM

Friday, June 26, 2020 9:48:42 AM

Post# of 10271
I find it a less enticing prospect, now. Converting the $13.75 million into 65+ million shares put, shares outstanding close to the authorized share limit.

It's less shares to use for a company purchase, to refill the coffers, if cash is used, or needs to be raised for future projects.

I still think it would be a way for the company to grow quickly to fill the value gap. The market cap of GNUS is still way overvalued compared to revenue (or cash position).
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