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davidsan

12/22/18 11:42 PM

#9662 RE: Cherry #9661

I think you know, but just so everyone is clear, IR confirmed to me that this 12/20/18 PR was referring to the 12/14/18 filing, which was in fact the second S-1 per that August agreement as referenced in the PR, the first being 9/7 as was also referenced. By the time they had the PR wording approved by the lawyers the S-1 was already filed and they didn't correct that word "will" before putting it out. But if you read it carefully, it is pretty clear that they are referring to the 12/14/18 one. I called to make sure, and the confirmed it to me.
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slnTaSasN

12/22/18 11:42 PM

#9663 RE: Cherry #9661

I think Frank is probably right. I don't think the S1 was counting the partial note that GHS was still holding from the original agreement. It looked like they unloaded the rest of that between Monday and Wednesday this past week. That would be part of the reason for a lot of selling into the bid in this past week and dropping the pps. my oinion