I'm talking about the dilution that is going on at this level to pay for these acquisitions. I'm talking about the expense burn rate of this company that has to be covered by the dilution. Maxim would be out of their minds to want to covert the promised shares in this company in the near future. $ATDS is a train wreck at the moment. Lets not conveniently omit that Maxim is making money right now on this deal. Cash, 8% of capital raised, expenses. $ATDS pays for nothing without dilution. Look at the action on yesterdays PR drop. Do you think that was retail dumping millions of shares in the following hour at this level? They will milk the dilution at this level as long as the PRs will attract buyers. Then they will do it lower because they aren't getting the volume they need in my opinion. The game is pretty much up here and they are going to have to work for the shares they sell. This is all my opinion of course traders here should do their own due diligence. Without the terms of the three acquisitions we won't know how much Maxim is making. That is WTH I'm talking about.
"Further, cash fees will be paid to Maxim as follows: (i) monthly fee of $2,500; (ii) 8% of the amount of capital raised, invested or committed through or arranged by Maxim; (iii) fee for unallocated expenses of 1% of the amount of capital raised, invested or committed through or arranged by Maxim; and (iv) a 5-year warrant to purchase shares of the Company’s common stock equal to eight percent (8%) of the number of shares of the common stock underlying the securities issued in the financing arranged by Maxim. Lastly, Maxim shall receive a transaction fee equal of 3% of the consideration underlying an acquisitive transaction (such as a merger) arranged by Maxim."
"The net loss for the six months ended June 30, 2020 was $12,754,000 as compared to a gain of $7,224,000 for the six months ended June 30, 2019."
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