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eqinvestor

10/28/22 10:25 AM

#103408 RE: eqinvestor #103407

Please note that $30,000 was actually $30,000,000. Sorry guys.
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JoshTaeger

10/28/22 10:34 AM

#103409 RE: eqinvestor #103407

Good analysis. I would go further and say the odds of SHMP hitting those revenue numbers are a gazillion to one.
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nsomniyak

10/28/22 10:48 AM

#103410 RE: eqinvestor #103407

While I would not buy right now, I personally think that the opportunity come late this year or very early next year - before the merger.

I think that the elongated timeline for merger completion will wear traders out (or simply bore them) and they will exit over the next couple months. I also think that we will see tax selling late this year. I am going to watch SHMP for weakness in December, and then possibly buy back in, taking advantage of the (relative) liquidity in SHMP compared to that of YOTA. Additionally, as with all mergers, SHMP will trade at a discount to YOTA until the deal is actually complete.
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Jes125

10/28/22 1:57 PM

#103419 RE: eqinvestor #103407

“Convertible Note” means the Secured Convertible Promissory Note in the initial amount of $16,320,000.00 issued by the Company to Streeterville Capital, LLC, with an effective date of December 15, 2021.

(d) enter into a written binding agreement with the holder of the Convertible Note to amend the Convertible Note to eliminate the conversion features thereof or obtain from the holder of the Convertible Note an irrevocable waiver of such holder’s ability to convert the Redemption Amount (as defined in the Convertible Note) into shares of Company Common Stock