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silkmaster

03/27/21 3:05 AM

#218628 RE: gimmegimmeminemine #218627

the reason this was released after hours Friday.
Is, imo to put a PR come monday that will clear the air about the RS and uplist or he would have set friday's update next week.

There is a sense of urgent to realeas the 4M$ today...

Good Luck longs

igotthemojo

03/27/21 4:00 AM

#218630 RE: gimmegimmeminemine #218627

"That's what I'm hoping for and the reason this was released after hours Friday."

a big reason it was released after hours on a fri is that there is a lot to consider with this info...like i said, 200 mil shares is a huge amount and that much dilution can be detrimental to shareholders...on the other hand, those shares dont necessarily have to be sold anytime soon...and if the loan is paid back, they dont necessarily have to be sold at all...but then they likely will be...at least to some extent...thats a lot of potential money to leave on the table and not use...so even if they dont use the shares in regards to the loan, they will likely still sell a bunch to get some cash...but if the cash is used to benefit the business, operations, growth, expansion and capacity, is that such a bad thing...

then come all the questions about what this means to the offering, r/s and up list...

like i said, theres a lot to consider...and if you put that out on monday morning, you will end up with traders making snap decisions on all that and maybe others following their lead...for better or worse...

putting the news out after market close on fri allows for a more well thought out analysis done calmly...

it was a smart thing to do...

and addressing the r/s etc on monday would be even smarter...