Tuesday, May 25, 2021 11:19:03 PM
4h ·
AMBASSADOR UPDATE:
Because there have been questions about warrants, structured offerings and dilution, I contacted Davis to get answers to some of your concerns. Here is the answers:
?? Todd has publicly disclosed EDXC will not do more than a 5 to 1 reverse split, AND, that's ONLY in event of a uplist.
?? Todd is not going to raise money for the sake of it at the prices shown in the warrants (.05 for example). Those warrants are structured in, HOWEVER, they are NOT being sold. Nothing is being sold at those prices. NO WARRANTS HAVE BEEN CONVERTED OR SOLD. They just sit there.
?? In the event of an S1 to raise capital, an investment bank and terms and conditions of a S1 will be disclosed. We are in talks now as Todd has told everyone.
And I think the most important thing he wanted all Shareholders to know is: "Remember, it doesn't benefit anyone to cram the stock down. I wants to empower shareholders and increase value. Not the opposite." - Todd Davis
I feel that it's important that as a group we not only speculate about worst case scenarios but also about best case scenarios. It's understandable when the stock prices aren't increasing the people want to look at worst case. I might challenge you as Ambassadors to also speculate on best case scenarios with so much happening in the company. There's quite a bit that we can't tell you about that's happening behind the scenes and will be announced in news. Your faith and support, as always, is appreciated! - Brad/ Admin
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