Mar. 6 at 10:15 PM
@Eddie_Hex To make matters WORSE, this should really drive home the point, RETAIL is paying 3x the normal price to have the company dilute on them. 🤣🤷♂️🙈☠️
$ALOY read the filing... RETAIL paid
$66,000 in commissions for Alexander Capital, for the company to sell over-priced shares to retail.
"by and between us and Alexander Capital, L.P., as selling agent (the “sales agent”). Through the date hereof, we have sold an aggregate of 260,000 shares of our Common Stock for gross proceeds of
$2,213,472"
Usually, the industry standard is like 1%, sometimes 2%, but that's much less common.