InvestorsHub Logo

skichic

04/29/22 9:55 PM

#1105 RE: sweetdwilly #1104

Have you explained why they are paying 150% of the current PPS and didn’t get a discount for their investment. Have you explained that? I’ve never seen an S-1 filing where the investor is paying 150+% for their shares over the current PPS. The options, stock, warrants, etc.. are usually convertible at less than the current PPS, thus giving you a return on your money ( usually after a 6 mo to 1 year holding period). It makes no sense.