Replies to post #447 on Sow Good Inc (SOWG)

[stock_observer_77]

If BRAC solidifies a merger IPO lookout

Everyone should read the PowerPoint on the website

[Penny Stocks 2.0]

From 8-k, $5.182m in Commons Purchased >> Under the Rights Offering the Company’s current shareholders exercised rights to purchase 199,811,421 shares of stock for a total of $2.398 million. Under the Backstop Agreement, the Backstop Purchasers purchased 232,008,489 shares of stock for a total of $2.784 million. Combined, the Company realized total gross proceeds of approximately $5.182 million, reaching its expected goal.

Correct me if I'm wrong but because those shares were purchased directly from company at a discount or an agreed upon PPS , they full under Rule 144, restricting them for a minimum 6 months.

$ANFC

https://seekingalpha.com/filing/3707222

[The Whale]

Needs to be stickied.

[Mad Money Monkey]

I would assume there are restrictions on those nearly 432 mil shares?