That would be my guess. Think about it. No one spends $120,000 of their own money at .0012 if they know the price will be held down at 1/3 of that at the very least.
The end result from CPUS was going to have to be in adding shares. FS did not go into it last week in any kind of direct explanation but rather he expected people to read between the lines and realize the piper had to be paid.
50.000.000.000 shares is what it will take at .0002 (discounted rate). My concern is that only one drawdown happened so far and 2.5 b shares are sold. Seems like PEII is adding to the dilution themselves. Imo
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