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madeindet

03/13/21 7:59 AM

#61174 RE: RMD1 #61171

EQUITY investment from accredited individuals. These people invest and are entitled to shares.

Do you know what accredited means?

Over $250k in income over $1 million in assets excluding personal residence

I will take this any day vs allowing toxic note holders to convert and dump

madeindet

03/13/21 8:27 AM

#61175 RE: RMD1 #61171

The shares went up 2 weeks & the stock is up 300%

madeindet

03/13/21 10:06 AM

#61176 RE: RMD1 #61171

Imagine that and we closed @ 52 week high 80 cents FANTASTIC!!

madeindet

03/13/21 12:02 PM

#61186 RE: RMD1 #61171

Imagine the more EQUITY dilution the higher the price!!

I Love it thanks!! You da man!

Moose412

03/13/21 3:12 PM

#61187 RE: RMD1 #61171

Not 6m - 5,709,927 new shares. To compensate for $1,070,363 USD for the 03.02.2021 Form D PPM and correlating finders fee. Math works out to around ~ 0.1875/share, but that of course ignores proper accounting with regards to how the finders fee was paid. It's not relevant.

Management doesn't get any equity grants until mv/mc is at 100m USD.

Finally, there is a difference between restricted and reserved shares. Reserving shares doesn't need to be disclosed - that's internal accounting for operations. I see no lie in KOANs tweet regarding those shares.

KOAN looks great to me.