Monday, September 14, 2020 9:14:06 PM
https://investor.todosmedical.com/sec-filings/all-sec-filings/content/0001493152-20-016362/0001493152-20-016362.pdf
The remaining 34.9% is likely from the other fundings described where the buyer was issued notes and/or warrants convertible to shares at specific terms, some which may have already been executed after the date of the referenced filing.DATE INVESTOR SHARES PERCENTAGE
7/09/20 Leviston Resources LLC 6,000,000 4.4%
7/17/20 Leonite Capital LLC 3,333,333 2.4%
7/28/20 Amarantus/Breakthrough 67,599,796 49.1%
8/04/20 Toledo Advisors LLC 3,500,000 2.5%
8/05/20 Lincoln Park Capital 9,250,000 6.7%
TOTAL 86,683,129 65.1%
This is still a small company that is just now starting to generate revenues, so stock sales for funding are going to be the norm until sufficient revenues are generated allowing them to move away from raising capital this way. It's not ideal for shareholders to have share count increasing like this, but I expect to see the growth in issued shares slow as more revenues are realized. That being said, I remind everyone this is still a penny stock and not to invest more than you're willing to lose. A lot of things can still go wrong.
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