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Bored Lawyer

12/10/19 10:49 AM

#50346 RE: Bobbyinvest #50343

Thanks for the follow-up. I had about 50M in mind as the number for the convertible note reserve, but I forgot about the preferred stock.

Short version, expect the ask for an increase in A/S sooner than later.

With only 50M shares to play with, that equates to about $7.5M they can raise (at $0.30 with full warrant coverage).