141 Capital Inc (fka ONCP)

[nukuhiva]

probably both but the dilution size is not significant IMO.. They have to open the Os to be able to exchange as well

THe conversion price is based On the last 5 days PPS ,and as always today the pps drop in the last Minute of the session . that's not a painted job that is manipulation ..

for info " The number of shares of Common Stock to be received upon a conversion will be based on the value of the Common Stock at the time of conversion, less a 20% discount. That value will be based on the average closing bid price of the Common Stock for each of the five (5) consecutive trading days immediately prior to the date of conversion. "

may be for the long shareholders it's time to convert as well ...
what was the reason for Offer to Exchange Common Stock before the R/S
"the Board of Directors encourages shareholders to participate in the exchange offer and hopes as many shareholders as possible will accept the offer. "

"it would be in the best interests of the Company and its shareholders to reorganize the Company’s capital structure by substantially reducing the number of common shares issued and outstanding without eliminating the rights of current shareholders to continue to hold an equity interest in the Company and participate in the Company’s growth "

was it a gift ?

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