An issuer is eligible to use Form S-3 to offer securities on its own behalf for cash on an unlimited basis ifthe aggregate market value of its voting and non-voting common equity held by non-affiliates is at least $75 million.
Aggregate Market Value is the product of (i) the number of Available Shares and (ii) the current per share market price of the Common Shares on the Adjustment Date, determined as provided in Section 11(d).
Authorized Shares 3,500,000,000 10/03/2022
3,500,000,000 x 02 as an example = 70,000,000 Aggregate Market Value including...
So should we not be seeing a rise in the pps soon or... since
SEC looks at everything during an event like this...
....as per Timothy G Dixon
BOOM or...
Opinions on when does TSOI meet the threshold for S-3 acceptance/approval
Speaking of Funding as per GHS Purchase Agreement "Freely" NO Use of Rule 144 GHS Purchased Shares Freely Tradable w/o restrictions on resale
b) Settlement for Purchase Shares All Purchase Shares issued hereunder will be DWAC Shares.
DWAC Shares means shares of Common Stock that are (i) issued in electronic form. (ii)freely tradable and without restriction on resale and (iii) timely credited by the company to the Investor's or it's designee's specific Deposit Withdrawal at Custodian (DWAC) account with DTC under it's Fast Automated Securities Transfer (FAST) Program, or any similar program hereafter adopted by DTC performing substantially the same function.
(e) Commitment Shares means five million (5,000,000) common stock issued upon the initial closing as an equity incentive
(t)Purchase Price means with respect to a Purchase made pursuant to Section 2(a) hereof 80% of the lowest traded price of Common Stock during the Valuation Period.
(bb) Valuation Period means the ten (10)consecutive Business Days immediately preceding, but not including the Settlement date.
So again ALL GHS Purchased shares are FREE TRADING (No restrictions) w/ 20% discount to the lowest closing bid price (posted) over the preceding 10 consecutive day evaluation period