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Re: TJG post# 7367

Monday, 11/04/2024 1:56:32 PM

Monday, November 04, 2024 1:56:32 PM

Post# of 23973
Agreed. Filing a Schedule 13G does not grant an investor the ability to dilute a company's stock directly. There’s a restriction that prevents conversion or exercise of these securities. The Note and Warrants may not be converted or exercised into common stock such that the Reporting Person would beneficially own more the 9.99% of the Issuer’s common stock at any given time. Trillium already holds a convertible note with a principal amount of $689,486. Trillium owns 24,535,149 NEW shares of the issuer's common stock. Trillium also has warrants to purchase up to 25,000,000 shares of the issuer's common stock. This represents their direct investment in the company and counts toward their total ownership percentage. Therefore, I also think it's a good thing at this point in time."
Trillium, through its general partner (Maple Leaf) and manager (Mr. Hicks), has the power to vote and dispose of the shares. Neither Maple Leaf nor Mr. Hicks owns shares directly but may be deemed to beneficially own Trillium's shares under Rule 13d-3.

Based on the info I think Maple Leaf and Mr. Hicks might cook something behind the close door.
Bullish
Bullish