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Re: Hooparena post# 9357

Friday, 02/19/2021 1:38:49 PM

Friday, February 19, 2021 1:38:49 PM

Post# of 21372
On another positive note, that article that I posted earlier today was showing all the equity offerings by other cannabis companies which are totally diluting their shareholders without enhancing share price for those holders. With these Starbuds deals, Dye hasn't diluted our equity once and when the company comes out with the next financial report that will blow the doors off in my opinion (I am expecting a big surprise), the market will finally realize what is happening here and the blastoff will really begin.

To say that DYE has not diluted once is totally false. These preferred shares gives the holders the right to convert at $1.20 a share. If the PPS is at $8 do you honestly think they won't convert? Yes their is time frames and provisions where they can't be dumped all at once. Yes the deal is good for shareholders and the preferred holders. Without this incentive it really makes no sense for preferred holders to only receive 8% as without the deal their is no Star Buds.

This without a doubt was a win/win situation but to say no dilution is not true.
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