May. 14 at 10:33 PM
$AREB Looks to me like they are still converting despite the price. No good reason for a 647,000 share selloff today at 10:05. Good example from the Q1 showing that the company issued 541,947 shares on May 11 for
$93,000 borrowed from Streeterville. Even below twenty cents they are converting. Go to the by minute chart on May 11th and see a three cent walk up to conversion price of
$0.17. Next day on the 12th we get the delisting PR.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1648087/000149315226022768/form10-q.htm#fact-identifier-990
Page 45
On May 11, 2026, the Company issued Streeterville 541,957 shares of common stock pursuant to certain Note Exchange agreements at a per share price of
$0.1716.
Page 46
On May 11, 2026, the Company entered into two Exchange Agreements (the “Note Exchanges”) with Streeterville...
...Pursuant to the Note Exchanges, the Company and Streeterville agreed to partition new Secured Promissory Notes in the original principal amount of
$93,000...
... the Partitioned Notes were exchanged for 541,947 shares of the Company’s common stock.
