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Honeycomb777

10/21/18 3:10 PM

#17703 RE: Batermere #17701

We know that o/s increased exactly 5.3M because we were at 207.1M So, It's a guess but IF 2.3M were from warrant exercise. (less than half of the increase) then they would have received $345,000 to use.

So again, they had 1.6M as of June 30th on hand plus perhaps another 350k to use. Alot of people sensed a ton of dilution in early October but that would be in the 212.4M because it is as of 10/17. I feel very good about this find today Bate. We are basically 8M under where I thought we would be in terms of current o/s? WOW

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