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Re: JoeForkeyBolo post# 2335

Thursday, 02/04/2021 5:11:23 PM

Thursday, February 04, 2021 5:11:23 PM

Post# of 20442
Sorry you are incorrect. They have been issued a warrant to purchase 16+ million at .107415. and they can convert the note into common shares at an exercise price of .0599 in lew of payment of the $4,857,142.86 note.
Why would they exercise the warrant at .107415 when they can buy on the open market for .05 ? Second there is only one closing. The reference to closings refers to the signing of both parties at different locations and the paperwork considered as one. I too can read the filings and have a brain.