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The Rainmaker

03/03/16 1:32 AM

#10866 RE: ChuckBits #10864

The cashless exercise,of the A warrants had a provision that VPCO has to be trading on Otcqb or higher or nobody can do a cashless exercise.

CashBowski

03/03/16 1:45 AM

#10871 RE: ChuckBits #10864

Companies with toxic financing on the books generally have some sort of a technical default trigger, which would be the .01 minimum bid requirement, but once they reach .01 they will all hit at once like a Avalanche, and anyone who's been around the OTC long enough knows what I'm talking about.

The question is what were the terms, and I'm very interested to know why they didn't contact everyone.