Re: New 8-K, new lender
in response to
by
posted on
Oct 02, 2024 04:06PM
Combining Classic Mineral Exploration with State of the Art Technology
We know now why they wanted to increase the number of shares available.
There are roughly 51M shares outstanding at the moment. At today's high of $0.25, GHS would be able to purchase 40M shares, which would be somewhat like roughly a 1:2 reverse split for current shareholders. Hopefully the share price wil begin to climb as we get money to spend on the project, and the delution for current shareholders won't be that bad.
"The Purchase Price of the Put shall be eighty percent (80%) percent of the Market Price." Considering how easily manipulated the share price seems to be at times, wondering if it may drop just prior to requests for momey.