RE:RE:RE:On SEDAR...I think people need to revisit the PR on Sedar today:v
"...disposed of a) Convertible Debentures of a nominal value of $CAD 975,000...The Shares were sold through private sale and purchase agreements between Mr. Pinstein and Womack Capital Partners, LP at a price of US$410,000..."
So nominal value of $975K CAD sold for ~$550K CAD or ~45% discount to nominal value.
Conversion price is $0.125. A 45% discount to $0.125 is around $0.055 meaning the effective conversion price would be $0.07 if Womack was to convert the debentures to equity...
This is a bit of speculation on my part but I think this transaction was effectively part of a strategic financing to remove the debenture overhang through an exercise of the conversion feature on the debentures made possible by the discounted sale.
If this is true then the stock is even more absurdly mispriced than it was prior to this.