 Hey traders, this is T Bradley 90 from the My Investing Club chat. I'm one of the top mentors and moderators in chat. As a special gift to our viewers on YouTube, we have created a free two-hour course to help teach you how to start a consistently profitable trading business and identify high-paying setups in just 30 days. There will be limited seating every week, so register for the course and reserve your spot now using the link in the description. As a special bonus for everyone that watches the entire video, we will give you the link to a free 10-hour additional mini course that has never been released to the public. Register now before all slots completely fill up. Hey, what's going on everyone? It's Chicago trader checking in for the weekly fundamental video here on the 13th of September. Hope you guys are having a good Friday. Had a few names, as usual, wanted to run over and then the main one I'm going to cover is Take Two, TTOO is the ticker. At the end, it's a little bit more of a deep dive. Just kind of want to share my thoughts on it. Before I get started, as usual guys, you know the deal. This isn't investment advice, my behalf or MIC's behalf, so be sure to do your own due diligence. Cover Take Two last. First one I wanted to cover was cool. It moved on to news this week. Let me pull up these AKs. First thing, so I noticed they're a little bit low on cash. However, they do have a spa. So what that is, Securities Purchase Agreement, they essentially have the right, they agree to amount that somebody can purchase from them and they will put it into their account. So it's a million dollars, convertible notes. You can see the conversion price, it's $1.80, or it's gonna be 90% after six months. Also, if you guys remember the video I did on R-E-K-R, I think that they had debt at 24% as well. So I now have seen two that have basically loaned out convertible debt that have done 24%. Obviously, less than favorable terms. And then there's another AK, shortly after that, I believe this is the same one, that they're gonna extend the maturity date and why wouldn't you if you hold that debt, you obviously getting paid fat stacks on it if you're going to, not favorable for the company, but again, just something that kinda tells you the health of the company. But this one did a reverse split. I've been moving a little bit. It had about one and a half million shares outstanding after the split. So if you come down here to the offering, it gives you the details. So there's actually 426,000 shares of common at $6.30. And usually, like I've mentioned in the last few videos, these pre-founded warrants usually are a dagger. And then you come down here, and this one's actually pretty transparent for once. So there's gonna be the common shares outstanding. So again, that's just the 1.5 that's outstanding plus the 426,000. So they're actually nice and do the calculation. So there's gonna be 4.7 million if the pre-funded warrants are exercised and 5.2 if the underwriters exercise the over allotment. And so you go from 1.5 to potentially 5.2 million shares. It's just absolutely terrible. But so last one, the main one that I caught, definitely thought it was gonna, the news was weak. You had a nice run up before. So personally, I played this day one. I was completely wrong on it. Thank God I did get out of it when I did. So take two came out. They had some news on an agreement. Let me pull these up here real quick. Basically with this BARDA, and like I said, Redwell up to $69 million in funding. Usually on those things like that, when it says up to, you kinda wanna be, at least I am, kinda weary about what that means. It's not a guaranteed. Also, the second paragraph below here, you can see there's a cost sharing contract between them. So obviously, even if there is a little bit of money up front, so it looks like there's gonna be $6 million up front, until there's further details on the deal, that might just basically offset the $6 million that they're receiving. So then, I believe it was the same day. Yeah, same day. They came out, there was an amendment. Basically, what was happening was they had some debt, this terminal agreement, and they're reducing the revenue target that has to be met, slashing it over 50% from $9 million to $4 million. So kind of gives a negative outlook for the company. Also, why would a lender do that? Well, then they get 568,000 share warrants, rather, $1.55. So you take that, I kind of thought that news was weak. You come back here, very recently, within the last couple, last month and a half, entered into an at-the-money offering of up to $30 million. Hey, traders, this is Tosh. I go by T. Bradley 90 in the My Investing Club chat. Just wanted to reach out and say, if you have any questions about MIC, joining MIC, maybe you're a member already, you have three ways to contact myself personally and through MIC, you can hit our social media, you can hit me through PMs in chat, or you can contact us through my email at Tosh at myinvestingclub.com. That's T-O-S-H at myinvestingclub.com. I will get back to you in a timely manner, and I'm saying this because I'm here to help and I don't want anybody to be afraid to reach out and ask any question that they have. We are here for you guys. All right, see you guys.