Dec. 4 at 8:49 PM
$IMPP Harry Massively RIPPED-OFF EXISTING Investors Once AGAIN, LIke he Always Seems to Do. He must do this for Both Profits & Kicks. This is how the Massive Dilution Is MUCH WORSE than Seems. As if 9.53 M New Shares weren't enough, the 19.06 M New Warrants are exercisable up to Five (5) Yrs. @ The same
$6.30, so he's effectively DILUTED Existing Shareholders (Prior to Selling the 9.53 M Shrs. there were 34.5 M Outstanding Shrs.) by 27.6% ! And with the added 19.06 M Warrants Total Dilution is 83%!!! That's Massively Destroying NAV, as Harry Has Effectively STOLEN IT FROM Right Under Us. Now if he drops the Exercise Price of the Warrants to lets say
$4, He would Steal Even More. And to Make Matters Far Worse than this he may offer New Warrants @ a
$4 exercise which will Multiply The Massive Dilution... And He Can Do This Same Shit Over & Over, Again and Again. It's Very TOXIC & As It Destroys All Existing Shareholder Value. My Take is it's BEST to AVOID This TRAP. (Harry Viafas Pic)
