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Re: The_Edge post# 34784

Wednesday, 08/25/2021 9:23:53 AM

Wednesday, August 25, 2021 9:23:53 AM

Post# of 50496
Note and Warrant holders understand that converting and more importantly selling mass # of shares when the price is at a near 52 week low is a recipie for getting nothing or little in return. I think the price has to be higher than it is today before we have to worry about more mass dilutions going on through warrant conversions. You literally can dilute yourself out of business and don't think these note/warrant holders are looking for that from Ethema. Note the prior mass dilution happened because they lost their revenue source and note holders had no choice but to convert to get what they could out. That's not the case now. They have a revenue source in the treatment center and should at least keep the PPS from hitting trips again before Q3 results are in. a pps of $.0009 would mean that the whole business is valued probably less than the r/E they own alone without any value attributed to this company as an on-going concern. We will see.
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