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Re: Richcc71 post# 10431

Thursday, 03/04/2021 2:14:44 PM

Thursday, March 04, 2021 2:14:44 PM

Post# of 19297
Hey Rich, please let me clarify.

The $2 to $4 would not be a recovery. It would be an attempt by the corporation to rip us off as a way to claim that they made us whole.

For instance, lets say that the SEC announces a lawsuit tomorrow. The corporation would be caught with their pants down, because they would have made no attempt to make things right and they would be without excuse in the face of a lawsuit.

However, if the corporation quickly arranges a buyout of our warrants for $2 or $4 per warrant and announces this publicly, this would provide them with an excuse to claim that warrant holders were made whole, when in fact warrant holders were not made whole.

I'm attempting to put myself in the mindset of the guys who are pulling the strings there, thinking what they might do in order to attempt to extinguish our warrants.

The two things that come to mind are:

1. BE BALLSY and do nothing - not smart!
2. Offer some form of relief that is very little - BUT since they offer it, they can claim that they attempted to make warrant holders whole.

I hope that clarifies.

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