RE:RE:We have been stolen ! Put more money or you loose everythingWell said Mr. Gauthier... you get it.... so sad the longs here won't listen to you.
PGauthier wrote: My understanding is:
Consonance and structure alpha get most of the share and right of the company. Structure alpha will own 81% from 3.26% of the company.and what about their warrant, they will be entitled to:Concurrently with the Debt Conversion (i) the exercise price of the Warrants 1, 2, 8 and 9, will be adjusted to the Transaction Price, (ii) Warrant 9 will become exercisable for Common Shares instead of Series A Preferred Shares and (iii) Warrants 1, 2, 8 and 9 will be consolidated into new Common Share purchase warrants. These changes will be reflected by the issuance of new “Warrant 10” with an eight year term. WoW!!! So, don't think you are going to get some money from them.
The others shareholder have the option to buy new shares up to 75M$ after loosing everything!. If all shareholder decide to buy their right, it is not going to be 1/20, it gonna be a way less then that.They are going to issue 15 billion share to Structure alpha!
Me, my guess number, we are going to have a total of 25 billions share at 0.015 cent.
So, one day, not to far away, you gonna have a reverse spilt at something like1000share/1new share with a market value of maybe,400 million. So it's mean at 400 million$, it not wort more than 0.015 cent for the all the shares. All the money you put so far for the purchase of their stock worth just the possibility to buy new stock right now at 0.015 cent. Your actual share worth almost 0.00. Sorry for english writing...