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Re: zandant post# 400461

Monday, 11/20/2023 10:47:18 AM

Monday, November 20, 2023 10:47:18 AM

Post# of 403034
You might be right about that ("it should read like an over-the-top slasher film script") but a failure to file by 5:30 today could be even worse than that. In another post you ask about the consequences of running out of funds and he's already lost access to the Shelf Registration so IMO issuing shares isn't a viable alternative. From the 10-K:
"The Company does not satisfy the conditions for use of Form S-3 for primary offerings of securities, and as a result, the Company generally may only utilize Form S-1 to register the sale of its securities. Form S-1 offers less flexibility on the timing and types of offerings compared to Form S-3."
Would he file an S-1? He couldn't file an S-1 even if he wanted to without filing this 10-Q (again IMO).

Today's filing will be important whether he makes it or not.

No matter what it is or who commenced it, I'm against it!
....Groucho

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