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Friday, May 28, 2021 12:24:29 PM
In addition, the securities markets have from time to time experienced significant price and volume fluctuations that are unrelated to the operating performance of particular companies. These market fluctuations may also materially and adversely affect the market price of our common stock. Our existing stockholders may experience significant dilution from the sale of our common stock pursuant to the GHS financing agreement. The sale of our common stock to GHS Investments LLC in accordance with the Financing Agreement we entered into with GHS on August 21, 2018 may have a dilutive impact on our shareholders. As a result, the market price of our common stock could decline. In addition, the lower our stock price is at the time we exercise our put options, the more shares of our common stock we will have to issue to GHS in order to exercise a put under the Financing Agreement. If our stock price decreases, then our existing shareholders would experience greater dilution for any given dollar amount raised through the offering. The perceived risk of dilution may cause our stockholders to sell their shares, which may cause a decline in the price of our common stock. Moreover, the perceived risk of dilution and the resulting downward pressure on our stock price could encourage investors to engage in short sales of our common stock. By increasing the number of shares offered for sale, material amounts of short selling could further contribute to progressive price declines in our common stock. 21 Our stock is categorized as a penny stock.
didn't seem to be any language in the shmp financing which prevented ghs from selling at any time they wanted to.
there was no limiting language which i could find in the prior ghs deals with lfap so i'm not sure why you are so confident this deal with have limitations.
when ghs did a similar financing with cannabis global, the price went from $0.15 pps to $0.09 pps while they were selling in less than a 2 month timespan.
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