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Saturday, August 01, 2020 11:05:54 PM
It is highly dilutive. Period. Do the shares come a less of a discount than a typical convertible loan? Yes...
But that doesn’t change the fact that WL is going to get over 100 million shares at a time and they won’t hold them long.
Our best hope is that they are selling into tremendous strength.
But if MCOA is any indication, it’s a daunting task.
We need massive updates on projected revs for Verus Cares (if that is even still a thing) and also on the new CBD division.
Those are the only potential wild cards.
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