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Post# of 701359
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biosectinvestor

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Re: JerryCampbell post# 389571

Thursday, 07/15/2021 11:54:11 AM

Thursday, July 15, 2021 11:54:11 AM

Post# of 701359
A lot of that was in exchange for promises not to exercise existing warrants that would expire as I recall. Not necessarily “new” money, or new compensation but extensions of past warrants granted for any number of reasons including direct investments and loans.

That it is characterized that way for accounting clarity, does not mean it really has the same meaning as new funds coming from the company. There was an exchange of value on that which benefits current shareholders.
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