Now what Merida did was loan the Cash for existing debt and collect 12% until converted to shares and I don’t see that happening anytime soon but they’ll (Merida) They’ll gather up the Float and run it when ready
I’d say Merida already has the Shares
I’d say Merida has .50 in the Units and .80 for the Warrants
So today’s .325 to .395 would be .175 to .015 loss if the sold and would expect they We’re just gathering the others to Hold most here