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Re: Veritas post# 23251

Monday, 09/28/2020 8:37:04 AM

Monday, September 28, 2020 8:37:04 AM

Post# of 44690
Just chiming in with my .02 here —- it would have that “8%” effect IF these shares were to simply hit the open market (float), but as Pc says there, we gotta look at the whole outstanding and when we see that GEM owns 30% (amazing), and that this is a negligible increase to the entire OS.

In short — these shares are not just slapped onto our float immediately with warrants being exercised; GEM can trade those shares into the float in accordance with the rules of the agreement, however much they’re allowed to “leak out” , how often, etc. So we can’t just say “this is why we closed at X on Friday,” as much as we’d love to make this as formulaic as possible....

Anyway, it seems to me that GEM wants to stick around with a large % stake and watch RLFTF go “seed to sale,” so to speak.... and likely get bought by a BIG Pharma Cowboy. This is my thinking & the reason why I’ll keep collecting.

IMHO !!!! Hope that helps... always learning myself