Not yet they haven't. More shares to sell then split the he77 out of it for the deal IF it is consummated. Who benefits? Mexedia of course. To the extent that they cash out is only known to them because they do not file the details for these deals. This is supposed to be a binding agreement, where is the 8K filing. 🤔
Mexedia's 75% ownership represented by series F preferred shares can never be diluted. Raadr share holders have been buying up the millions in old Raadr debt that Jacob DiMartino ran up with his software scam. Then in Q2 these Mexedia managers cashed out that reg A offering with the false share count and buyback scheme before you all even knew what happened. Now we know that the previously promoted letters of intent, share buyback, memorandum of understanding, the stupid preferred share dividend all were to sell shares. OH, OH! who has been telling you all that for months? 🤭
You all hang in there while they continue feed the news and convert the additional notes priced at a 25% discount to market. That will be another $1.5 million or so drained from retail accounts. So after all the lies and manipulation, you all still believe what you see in print from this company. You can bet that the press release is the very best spin possible on that deal and it isn't good from what we can see.
I think they just sold the high cost operation......Bub.
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