Aug. 20 at 11:42 PM
$RCT - Not exactly sure why they once again reshared the MVLS deficiency - bit of a strange strategy LOL. UNLESS - its intended to get market to realize how severely depressed its already at (14-15M MC) AND should be trading ~3-5x higher minimally.
Remember - all this has to do is get above $.60+ to trigger the Convertible Note and/or Warrant floors (currently sitting at $.57 and .55 respectively) and the MVLS issue can be easily rectified without further incremental equity raises. The more pressing issue is for them to resolve the negative Equity Shareholder Issue so they get an extension for the
$1 bid price come Oct 12th. ..Again, exercizing Warrants and/or Debt Conversions will most likely solve that issue as well.