Apr. 2 at 7:14 PM
$WNW First, I want to mention that from 6-K filing from 19/03/26 - There is a mistake compare to Prospectus☝️Instead of formula with 33%, they put 50%.
When you will do basic math, it will not produce 83,999,952 shares, but just multiplier of 8 (instead of 12) —>55,999,968 shares from warrants!
LINK: https://www.sec.gov/Archives/edgar/data/1787803/000149315226011540/form6-k.htm
Second, I want to mention that there is a LOCKUP PERIOD of 45 days for NO NEW DILUTION☝️ from closing of the offering -19th March. That means we have no dilution for another 32 days!!!
Yesterday(1st April) , they NAKED SHORTED, not 100% sure about amount, but likely north of 50M shares at around 10-11 cents. They know that they have time to cover FTDs —-> T+35 (which is within 32 days stated above).
There is a lot of retail capital locked in this. If there is no sale from current retail shareholders and enough new buyers in range of 5-8 cents——> 🚀 💥