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Re: Coachshot99 post# 166813

Wednesday, 07/15/2020 3:22:15 PM

Wednesday, July 15, 2020 3:22:15 PM

Post# of 186029
I updated my analysis with the 4.9% of O/S limitation adjustment. Fortunatelly that doesn't change at all my opinion of this deal being excellent and much better than Andrew Garnock's.

Following is the link to the post with the analysis:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156918633

You wrote:

Your notion that they would benefit by waiting until the price was much higher to buy shares is wrong. They should want to take this share price to the cleaners as many times as possible. I’d be shocked if they weren’t already trying to seal the deal on the initial purchase agreement so they can lock in .0018 and start selling ASAP.



You are the one that is absolutely wrong. Since the discount on the shares is only 5% of the lowest share price of the 5 previous business days, there is not debt, so there is not interest, and obviously there is not default interest that normaly is double digit, the ONLY way to have a real benefit for investor is by the effect of higher share price times increase in share price. Otherwise is peanuts. The company is the one having the right to use this financing or not and the investor has the obligation if the company wants to use it. If there´s something urgent, the company can use part at this share prices, but I'm sure that the majority if not all is going to be used at much higher prices.

What you are trying to make this look like is toxic finance, that on the other hand has huge discounts (around 50% to 60%) and interest rates, so there is where lenders make the money. That's why they start to dump shares as soon as they can and also because they know that as they dump, the share price starts to collapse and they lose their benefit or part of it if they wait.