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Re: Quikshft post# 41586

Wednesday, 01/31/2024 7:16:57 AM

Wednesday, January 31, 2024 7:16:57 AM

Post# of 42762
Armistice gave CRTG 6 million $$ to start as we know. So I'm guessing their plan is to sell all the pre funded warrants , 38.5 million yet to be used, at whatever price they can get to start and if the stock goes above 7.99 cents these 82 million warrants that can then be sold are worth 6 million plus at just 7.99 cents . So they get a head start on getting their 6 million back now with the pre funded warrants plus they actually got 23 million shares up front as part of the deal and when those are gone so that's when they started picking up their first batch of 12.5 plus million shares of the 52 million pre funded warrants I think May 8th 2023. If they can sell 82 million at 7.99 cents plus they come out ahead. I think they are almost of the 12.5 million they received last year in May. The shares they had left from the original 23 million were down to 13,400,000 shares at the end of 2022 according to the SEC filing Feb 14 2023. It was after those were sold that they exercised their first batch of the per funded warrants of 12.5 million in May 8th 2023 They should be almost out of those shares now and will probably get more soon. You know , if Coretec has some great news out before they get their next round of 12.5 million shares the stock ( can only own 4.99 % of OS count at a time ) would the stock price have a chance to move higher ? 284 OS share count now but with the 34 and 82 million added to it one day CRTG will have over 410 million OS shares . Would they do a reverse split ?? Will they receive more dilutive funding ?? Time will tell . How about just a NICE BIG BUYOUT !!
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