Todos Med Ltd (TOMDF)

[JoeForkeyBolo]

I never posted they would be exercising at 0.0599. That was the initial conversion price and I provided the minimum number of shares calculated for the conversion if that price was used.

The conversion price moves lower using a 10-day weighted average price if the share price drops below 0.0599, which it has. Yozma would be converting at a lower price between 0.0599 and 0.04792 as I already indicated. Since the price moves lower using a 10-day average calculation, the exercise price adjustment will always trail the current share price.

They would execute at the existing conversion price because it requires no additional commitment of capital on their part. They would exercise using the capital committed to the funding. That doesn't preclude them from purchasing additional shares in the secondary market.

What about this do you fail to grasp?