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Tuesday, 11/01/2022 5:51:06 PM

Tuesday, November 01, 2022 5:51:06 PM

Post# of 1931
This PR had so much news, that it's almost an afterthought that they are issuing 10M more common shares to strategic investors in Saudi Arabia. Just a massive amount of dilution, but what other choice do they have? Which begs the question, why the Preferred shares then to settle the debentures? Couldn't they have just done it with common at 3x the share price five months ago?

Also, I didn't see any warrants mentioned with those 10M common shares, but I'll believe that when I see the F-1.
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