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Re: Huntbeachwhale post# 757902

Saturday, 06/17/2023 7:26:52 PM

Saturday, June 17, 2023 7:26:52 PM

Post# of 801114
The warrants are 7b shares at 50 cents or $3.5b. The spspa is 430b shares or $215b at 50 cents. The warrants are insignificant compared to the spspa in terms of dilution.

Warrants will be exercised and I expect the SPSPA to convert to common. Common thus have no security. Preferred will be made whole.