Wednesday, July 21, 2021 12:52:29 AM
Couple things caught my attention and I’m probably grasping for straws here.
We now know why we bottomed out in the .08 range. That was where the reg A shares were sold. 7.5 million to be exact. I was really hoping to see .10+. Glad to see they weren’t sold at something stupid like .05.
Also correct me if I’m wrong: didn’t Rhett had mentioned they got rid of the convertible debt in a shareholder friendly way?? With all the cash they have, I would have assumed they would have used it Instead of converting the debt into 4 million plus shares at avg cost of 1.4 cents. Those 4 million shares are returning 1200+% on the investment. I know there restricted now, but point still stands.
Last thing: can anyone point me to the info re: warrants? I’m typing from my phone and thus cannot search very easily.
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