Oct. 25 at 3:08 PM
$VVOS
Unfortunately, when newbs are in a stock, they will believe a more positive nivice interpretation of a newly released filing. Listen, think, the company needs cash desperately to transition from one business model, to the newer model. Does it make sense that they lower their access to capital?
I'll try this again. The new
$3.58m ISN'T a reduction-it's a FRESH CAPACITY that follows on from the prior ATM.
Of that, they've already used roughly
$4.6m.
That leaves about
$1.2m unissued, but, instead of leaving the old prospectus open, they filed a NEW SUPPLEMENT for a NEW
$3.58M ATM tranche.
So, combined, they'll have issued
$4.6m + up to
$3.58m =
$8.2m total in ATM shares,across both filings.
Jesus, Mary and Joseph, I hope this helps.
🙏
