Replies to post #46792 on EcoloCap Solutions Inc. (fka ECOS)

[deal guy]

The reason for the increase to 25bn (or 15bn shares) was 9.6bn for the issuance of hares under the convert and (ii) about 3bn to LRS for their warrants (which equal 15% of the shares when they are exercised. That is 12.6bn of the 15bn increase. It doesn't leave you available shares to do an RM.