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Dumotier21

11/03/16 1:16 PM

#21146 RE: brojazzy #21144

Just a few weeks ago they retired more than 2 million shares from a paid for note. So yeah, they have shares available.

Theodore Vail

11/03/16 1:17 PM

#21150 RE: brojazzy #21144

If the are not a part of the outstanding shares OS the company would pull them from the available shares AS and make them a part of OS

the important thing here is that they are not added to the float.

High_Profits

11/03/16 1:45 PM

#21175 RE: brojazzy #21144

they are Warrants which are Options to buy common shares and
the company gets the money if / when they convert
[ dude speak to your broker ]

first set @ $0.25 x 760,000 shares or $190,000 OWC receives
Second set @ $0.40 x 760,000 shares or $304,000 OWC receives

These additional funds in addition to the $300,000
to be received
IF the Warrant holders exercises his options to convert
they usually do if the stock price is above the conversion price and they have 2-3 years to do it

tiny tiny dilution regardless at premium prices vs current prices
Personally I have NEVER seen such favorable conversion terms for the company **NEVER**

- same amazing terms as the MedMar deal

Which is perfect only take the funds that they needs for now


the Creme sales will hopefully fund operations after that in early 2017