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dennisdave

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dennisdave

Re: exwannabe post# 558417

Wednesday, 01/11/2023 9:47:22 AM

Wednesday, January 11, 2023 9:47:22 AM

Post# of 821158

Yes, you are way wrong.

The warrant and option conversions will bring in something like $10M. That is based on the 2022 conversion rate where all options and 40% warrants were cashless.

Good news is, once they exercise cashless that frees up shares to be sold.



Its not 10 million either but irrelevant. Management will never convert to shares guaranteed. They will be bought off in a Buy Out.
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