Best case for equity partners, EPGL dumps all 4.5 B shares at .001 = $4.5m. AJW funds is owed $10m. You know if it's getting diluted heavily, the PPS isn't going up. Assuming they won't do another R/S, to rinse and repeat. I don't think they'd settle on $4.5m or less, so I'm betting the PPS will rise after RS, given the information provided is legitimate and trustworthy. IMO
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.