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Re: KnicksStockChamp post# 46508

Sunday, 05/05/2024 2:41:04 PM

Sunday, May 05, 2024 2:41:04 PM

Post# of 46854
Per the S-1 Equity Financing Agreement:

1. Maximum shares Trillium can draw is 9.9% * 349,488,710 = 34,599,382

2. Maximum $ ReachOut can draw is $3,000,000.

Trillium is acquiring up to 34 million shares at a 15% discount.

Trillium can then sell these shares immediately for a 15% gain. However, not enough volume to sell 34 million shares on the open market.

Trillium's best interest is to hold and bid the share price up to .40, then 10:1 RS to meet $4 SP minimum for Nasdaq uplist.

Trillium can then sell their 3.4 million shares @ $4+ and make $10 million+.