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Re: TenKay post# 112826

Thursday, 08/11/2022 9:16:04 PM

Thursday, August 11, 2022 9:16:04 PM

Post# of 122065
Also ....:


When Ecoark effects the planned stock dividend of 33,336,997 Agora shares, the impact may depress our common stock price.

Approximately 90 days following the date of this prospectus, Ecoark is expected to effect the stock dividend of 80% of its Agora common stock as a dividend to its stockholders, or 33,336,997 shares. See “Certain Relationships and Related Party Transactions.” The underwriter has required Ecoark to enter into a lock-up agreement under which for 90 days (or such lesser period as the underwriter may agree to) following the date of this prospectus it will not effect the stock dividend of our common stock. Once it does, a large number of shares will be available for sale and our stockholders may rapidly sell them resulting in a significant decline in the market price of our common stock and dilution to our stockholders.



So not sure how that would apply...unless that is part of the inflated, overvalued price being payed.
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