Tuesday, September 13, 2022 10:13:06 PM
second of all this is not new dilution. This was part of the deal where this man put in $2mm cash as part of his package amd as such received the 100mm restricted shares at .02. Nows he's an insider and is limited to 1% per quarter after 6 months restriction period passes. This is actually a very good thing and showing faith in the future of ocel. This is not a convertible death spiral but a very friendly financing for ocel imo.
Must do your own dd
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