GREY:ARGEF - Post by User
Post by
netsilon Jul 20, 2016 8:00am
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Post# 25067853
Dilution
Dilution Asked Mazen and here's the response received.
"Dilution has taken place at closing which was fully disclosed. Now maybe you mean the when conversion of the Notes will happen. That can happen anytime but if 50% decide to convert that forces the rest. The intention is to stabilize the company and finalize some technology milestones then convert, since the main investor owns 50% that's how it all comes together. "