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Re: None

Thursday, 05/09/2024 2:48:20 PM

Thursday, May 09, 2024 2:48:20 PM

Post# of 44186
I don't know how people are acting surprised by the S1. The terms are fairly standard and ultimately much better for shareholders than convertible notes in the OTC world. Insiders have a 6 month lock-up and will have every incentive to see the company appreciate in value. Additionally, the lack of warrants should increase the likelihood that any institution partaking in the offering holds their shares opposed to selling them and riding the warrants for free for upside. The stock will trade very thinly and be volatile. This is and always has been a high-risk investment with large upside and the risk of significant losses. That all being said, if we complete the uplist, the chances of reaching the large upside should increase meaningfully.