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Re: greybeard34 post# 139053

Thursday, 11/05/2020 4:25:35 PM

Thursday, November 05, 2020 4:25:35 PM

Post# of 200739

Update from Rich: Debt settlement has been going very well and will hopefully be wrapped up soon.
This is in line from what I’ve heard, last week the warrants were down to 100 mil.
Was told the debt would be settled by the end of November.


Sounds like good news, especially your 1st sentence above.
Can you provide some context to the rest ... were there more than 100 Million warrants at some point (how many?) ... which is now reduced to 100M? What are the terms of these warrants (strike price etc?)
And when you mention that "the debt would be settled by the end of November" ... how much remaining debt are you making reference to? And is this debt in addition to the warrants?
I think that it is perhaps the confusion that surrounds some of the above is what may be holding back the SP from going back up. So it is great to hear about "improvement" etc and would be wonderful to put it in the rearview mirror in its entirety.