GREY:CVHIF - Post by User
Comment by
TheProphetElijahon Oct 21, 2020 11:26am
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Post# 31754925
RE:RE:RE:Consideration Shares
RE:RE:RE:Consideration SharesWhat about the 'mechanism':
The original Cathedral deal was for $333,360 but ended up being for $401,369 since the price increased since the deal was announced - a 20% increase.
Then Heath said: "The second tranche, announced August 31 2020, which has been reported to be $1,889,040, has the identical mechanism as the first tranche for re-pricing and warrants."
So 20% increase on $1,889,040 would be $2,266,848 - no?