Thursday, April 18, 2024 12:59:34 PM
The above part was in reference to your post before this one.
As you say, pretty much debt free. The new company is starting on a great solid footing. The share structure increase is unusual and will bode well for ROI. There was plenty of liquidity under the previous share structure and I believe as I mentioned before that the new restricted share structure maybe asset based. Any additional workings with respect to preferred, warrants and convert will be made under the new entity.
Looking forward to the new company.
Have a good day.
varok
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM