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Re: 10baggerz post# 354428

Thursday, 02/11/2021 10:17:58 PM

Thursday, February 11, 2021 10:17:58 PM

Post# of 704237

1. Are we assuming the majority have NOT been suspended further?



For now, yes, they have not been suspended further.

2. Do you recall when the majority will unlock?



December 2020.

3. What was the purpose of suspension in the first place if they were just going to let them unlock before TLD?


I think it made it easier for the company to continue to sell shares to raise money, as they are beyond their 1.2 billion share limit if all shares, options, loans to be paid off with warrants were exercised. I think too, that the lock up helped ease the minds of other shareholders knowing the warrants had been agreed not to be exercised. For now, they can't do any of that as the company, and close advisors, are obviously in possession of material information so all of that will have to wait.
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