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Niceguy1

11/18/21 1:21 PM

#38754 RE: foti1kenobi #38752

U can look up our resident BOT(Bubae) to get those answers

But your asking the wrong question with all due respect

The questions should be..
What's the occupancy rate running at?
How are we doing in billing?
How many beds are we adding in Q4 (40 to 52 plan still on track)?

In other words ..debt and debt conversion has been a known factor here for a long time and the price already reflects that...and BTW..the conversions/dilutions have slowed over the last three months (please see my earlier post on that)

What is not known is how well the ARIA operations are doing and how much incremental revenue and profit we can expect from them in Q3.
That should be your primary concern here.

IMO

24d

11/18/21 1:21 PM

#38755 RE: foti1kenobi #38752

leon can speak? i thought he was a mute. grst

Bubae

11/18/21 2:42 PM

#38764 RE: foti1kenobi #38752

Yes, there are plenty of warrants. They added nearly $1 milion worth first half of the year.


June 30, 2021 10Q
https://sec.report/Document/0001721868-21-000524/

Fair value of warrants granted to convertible debt holders

"Fair value of warrants granted to convertible debt holders was $976,788 and $0 for the six months ended June 30, 2021 and 2020, an increase of $976,788 or 100%. The Company granted warrants to certain convertible debt holders in terms of agreements entered into with them, whereby any debt issued subsequent to their debt on more favorable terms would result in the debt holders being entitled to the same terms as issued to the subsequent debt holders. The company issued warrants for a total of 246,464,649 shares of common stock valued using a Black Scholes valuation model."


"All of the warrants outstanding at June 30, 2021 are vested. The warrants outstanding at June 30, 2021 have an intrinsic value of $2,219,035."