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Jimmy Quick

02/18/18 12:01 PM

#158838 RE: Vijitha #158833

There is some ongoing dilution right now, but it is for removing debt from the books. 1.8 million or so from prior management that they settled for around 800k. The agreement calls for release of tranches of shares until that debt is paid, I would suspect they are close at 50% or so, but just speculation, update should come March 15 in 1st quarter fins, as the company is on October 31st fiscal year end. Good Luck.