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HokieHead

11/19/19 7:00 AM

#21354 RE: The Rainmaker #21344

Exactly, and it’s trying to be spun as a positive here. Since when is huge dilution to the commons a good thing, and this wasn’t the only debt.

Commons just got loaded with a lot more shares they are going to continuously unload and more shares will come the lower it goes.

Anyone spinning this positive is just looking for the best exit price at the open after that after hours 8K. Nice response.
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Drugdoctor

11/19/19 8:58 AM

#21391 RE: The Rainmaker #21344

Read it again.... See the date... and.... it's-the-SELLING-PRICE... - glad I could help...

My shares are locked up...

And... they return the unused shares... let's get the whole story up here... again..

c. The Company shall deliver to TRILLIUM, through the initial tranche and any required additional tranches, that number of Settlement Shares the proceeds of sales of which will equal to the Claim Amount. The parties reasonably estimate that the fair market value of the Settlement Shares to be received by TRILLIUM is equal to approximately $219,460.18. To the extent that the Company issues Settlement Shares in excess of that necessary to satisfy the aggregate Claim Amount, TRILLIUM shall return any excess Settlement Shares to Company for reinstatement as authorized, but unissued shares.