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Re: directional87 post# 33702

Monday, 07/27/2020 2:49:51 PM

Monday, July 27, 2020 2:49:51 PM

Post# of 49956
That math is not correct as the warrants were not priced at .0001

The warrants were all priced around .005

The warrants and the debt would also be impacted by a reverse split as it would reset the conversion price on those items while the preferred shares get locked in at a conversion of 1,000 to 1 regardless of what split happens.

Regardless your idea of equal value is way off and the stock will not hit near $2 unless a large split happens. there is nothing here to substantiate a market cap over $1B let alone near $2B
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