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hitpaydirt

10/10/17 11:41 PM

#16019 RE: KelliBlue #16018

sounds great...thank you kelli...cheers
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LongCA

10/11/17 12:17 AM

#16020 RE: KelliBlue #16018

It appears to be on a as-needed basis, and controlled TMPS.

"Subject to the terms and conditions of the EFA, we may, in our sole discretion, deliver notices to the Investor which states the dollar amount which we have decided to put to the Investor on a certain date. The amount that we shall be entitled to put to the Investor may not exceed three hundred percent (300%) of the average of the daily trading dollar volume of the common stock for the ten (10) trading days prior to the applicable notice date, provided such amount does not exceed $300,000"
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LagunaRad

10/11/17 12:35 AM

#16021 RE: KelliBlue #16018

Key part bolded below.

"Subject to the terms and conditions of the EFA, we may, in our sole discretion, deliver notices to the Investor which states the dollar amount which we have decided to put to the Investor on a certain date. The amount that we shall be entitled to put to the Investor may not exceed three hundred percent (300%) of the average of the daily trading dollar volume of the common stock for the ten (10) trading days prior to the applicable notice date, provided such amount does not exceed $300,000"

Meaning if volume goes richter, any possible dilution is locked at a finite fixed rate. And can occur only at the discretion of the company. Genius plan by Mr. Terry.