Replies to post #20645 on Comstock Inc (LODE)

[resourceinvest]

You appear to have missed the point. The shares are unlikely to ever be issued because of the 56c price floor. The deal is being "sold" to shareholders (by implication) on the basis that the 56c provision provides underlying price support (you even state that it's a good deal because it represents a 51% premium). This is not the case. The price provision actually ensures that no credit will be issued and no shares issued under this share for services agreement unless the SP is above 56c.