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trocprofit

09/28/21 8:44 AM

#404850 RE: BWIS #404848

Not all conversions are for cash. We will not know until the next 10Q in November. If half are cash at an average price of .25, that's $2.125M. Helps, but unless that happens every month, tough to pay the bills.
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BWIS

09/28/21 8:44 AM

#404851 RE: BWIS #404848

This sounds circular, but are they raising money from warrants to pay back the loans, in some part small or large, to the warrant holders themselves? There ought to be a law.

That's 17M shares last month. At 1.30ish minus a .30ish warrant expense, that's 17M in a month. WTF is all that money going?