So now as it has been brought up several times on this board that the Ironridge deal has been cancelled, how does Ants pay back the $1 million dollars to Ironridge when Ants has already stated they have $0 in cash.
Hmmm....wake up people!
Where's the SEC filing for the cancellation of the Ironridge deal?
If this deal is cancelled, then it reverts back to the original terms.
<The new deal with Ironridge, which entitles ANTS to receive $1MM in exchange for 15MM common shares, is fair and sound deal for ANTS. Those shares are restricted giving Ironridge no more than 5% of the total 300MM O/S. Which means Ironrige needs the PPS to reach .07 to get their money back. I highly doubt it those guys paid $1MM to lose it. They know >
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