RE:Current Share Structure.....Thanks Blizzy for the update. Wow SPR has bloating up more than I have during Covid...LOL
I know this was a necessary evil but still hurts my eyes to see. We really need some good news to try and prop this share price up so the next round(s) of financing don't dilute as badly
Blizzy420 wrote: This was the share structure as of Aug 31st. It is updated to today in red....
Common shares - 261,819,355
Options - 20,337,311
Warrants - 13,484,319
Convertible Debenture units - 49,895,238 87,316,667
Broker Convertible Debenture units - 1,182,498
Broker Equity Warrant units 1,586,631
Fully diluted 348,305,352 385,726,781
There is an additional 37,421,429 shares diluting the company which works out to 10.7%. To trade off 11% of the company and ensure $PR can get to launch their products is a positive. Not really happy about it as it trims our upside but with a month remaining until debt coming due I feel like this was the only move to make.