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Re: Zadie420 post# 827660

Tuesday, 05/26/2026 4:16:43 PM

Tuesday, May 26, 2026 4:16:43 PM

Post# of 828558

Could warrants being executed to shares? If you renember per last q most of the increased shares came from warrants.



This is not true why do people keep saying this?

25,000 of the new shares for Q1 were from warrants. 25,000. Of over 50,000,000 total.

30% of the funding is coming from straight selling of new shares, and the vast majority of the delta is coming from a rolling convertible note scam juicing insiders and keeping the price suppressed.

Seriously, spend 15 minutes digesting section 8 of the Q and you will see exactly what is happening.

It's systemic and unregulated issuance of convertible notes at "proprietary" discounts that just keep rolling forward, with a little extra juice from selling shares directly to market when the price is up.

Seriously, read these terms and think of the stock price implications and ability to manipulate of a lender who has both a huge short position, access to buy long at a discount from the company, and is in possession of convertible notes. And while reading this, keep in mind, Les Goldman told me "The people who are financing us can make money in three different ways".

On March 4, 2026, the Company entered into several convertible note agreements (the “March Convertible Notes”) with various commercial lenders (the “March Holders”) for an aggregate principal amount of $5 million. The March Convertible Notes bear interest at 9% per annum with a 24-month term. The March Convertible Notes are convertible into the Company’s common stock at a conversion price equal to 86% of the daily VWAP during the 10 consecutive trading days immediately after the conversion notice submission date.



You give notice that you're converting your notes payable.

You short the shit out of the stock the next 10 days to drive the price down as much as possible. Then you get a 14% discount on top of what you already forced the price to drop.

While the price is low, you get your criminal buddy Linda Powerless to sell you another chunk of shares for another discount.

You cover your short position and drive the price back up.

Then you sell all those pretty new shares you got from convertible notes and direct buys back into the market at the higher price you created, and drive the price back down.

At the end of the year, you vote to increase your buddy Linda's salary and give her crazy bonuses for continuing to grease your palms with these sweet insider deals.

Rinse, wash, repeat.
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