Are you saying that you interpret the filing to say that $1.25 is the lowest possible price?? I wasn't sure of that based upon "the lower of (I) $1.25 and (II) 20% of the Minimum Price (as defined in Rule 5635 of the Rule of the Nasdaq Stock Market) on the date of receipt of shareholder approval." The latter component was added and I'm just wondering what the second part means as a practical reality??
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