SVFC $$$ Yes, that is correct, there is more shares in the market thus the Outstanding shares have been diluted from what they were previously. We do not know the terms of any new Ca$h infusion just yet, or any type of merger deal as of now.
If indeed there is $15 Million financing coming through, that would pay off all old debts, as well as enough Ca$h to get the rest going.
Keep in mind we are awaiting the Patent approvals here. Even with the higher shares issued, once patents are approved, and we are able to license the technology to generate revenue, then the pps will accordingly follow suit to reflect the revenue generation. All of this right now is in early stages.
We have had the Financials restated, plenty of conversions going on, that was another reason SVFC raised the A/S to 10 Billion because they must of known that YA was converting to get out, and this new Financing coming in. Again, only time will tell here what will happen, and if it's not just new Ca$h coming in, if indeed we are merging or even getting bought out, we will find out soon enough.
GLTA
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