Gnarlyman
3 years ago
The recent 10Q stated all the Notes were converted on May 13, 2022. There was an 8K also showing the 111M or so shares issued. They all landed in the restricted pile, should be there for a bit.
βOn May 13, 2022, the Company received notice from all noteholders that all notes were to be converted into stock. The Company issued 111,071,358 of common stock on May 13, 2022 in respect of these conversions.β
https://www.otcmarkets.com/filing/html?id=15901262&guid=59nwkW2sk9ECJth
If they donβt raise the A/S they canβt sell much more. Pretty low Unrestricted lot for now. Could be volatile.
https://www.otcmarkets.com/stock/RASP/security
Iβll hang a while to see how it shakes out.
GLTU
bigbux1
3 years ago
How so? ' The Company has experienced net losses and significant cash outflows from cash used in operating activities over the past two years, and as of December 31, 2021, had an accumulated deficit of $23,809,110, a net loss for the year ended December 31, 2021 of $274,631 and net cash used in operating activities of $74,784.
The Company expects to continue to incur net losses and have significant cash outflows for at least the next 12 months and will require significant additional cash resources to launch new development phases of existing products in its pipeline.' Also have some mean convertibles and I don't mean cars, lol