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Re: Brucebannerr post# 110209

Saturday, 11/28/2020 12:19:24 AM

Saturday, November 28, 2020 12:19:24 AM

Post# of 149157
4.3m is the net asset value. Get yourself a calculator and figure that out. 77m in impairment was the red flag. Without the impairment fair and reasonable would be about 81m usd and that would’ve paid off the debt; caused the stock to go up and then warrants would’ve been exercised. 1st monitors report list warrants as a liability and an assigned value...you know like they knew what the cost of buying the warrants out @ black Scholes value would be. And pwc knew reverdia was dust in the first report. Good talk!


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