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judypudy

11/01/20 9:56 AM

#20206 RE: Imagineer66 #20205

Not sure, they may be just a lender or may have had something to do with the Clinical Studies? Anyone else have a theory?

https://gmea.com/
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RMS555

11/01/20 10:54 AM

#20207 RE: Imagineer66 #20205

they (GMEA) had agreed to loan Cerebain $2 million dollars and received shares of an amount that was over or above 5% of O/S at the time issued (2016 to 2018).... there has been a lot dilution from 2018 through 2019 so that is why they are still listed, we dont have an updated OTCQB Certification and I would love to see it!

Here is the PR regarding the loan: http://www.cerebain.com/cerebain-biotech-receives-financial-commitment-of-two-million-dollars/

Here is the 2017 OTCQB Certification that showed % of shares owned by each person..... now if you look and do the math we can presume that the 1.4 million shares owned by Eric (in 2018) is equal to the 15% that is shown in 2017. https://backend.otcmarkets.com/otcapi/company/financial-report/180313/content

This is an assumption on my part, but to me it makes logical sense as to why GMEA 500k shares show up on that Certification.