Alabama Graphite Corp. Com ABGPF

RE:RE:RE:RE:RE:RE:RE:RE:Presentation

[Rick2012]

Warrant exercise is at a "PRE-DETERMINED" price.  Does NOT matter what the current trading price is, the Exercise price is whatever were the terms of the Private Placement.  So if the exercise price was set to 7 cents, or 20 cents, that IS the exercise price, period, end of story.  Then there is the expiry date, which means they have to exercise by a certain date.  The issue here is likely that they are exercising at 7 cents, and selling for whatever they want...anything above 7 cents is a PROFIT for them.  I agree in the sense that it is very silly for them to sell at these levels, i.e., 13 cents, when they could easily go up to 20 cents on good results from one of the battery manufacturers, LOI, Off-take, etc.  Any one of these announcements could cause a large pop.  So instead of making (13 cents - 7 cents) profit, they should wait and make (20 cents - 7 cents) profit which would be much more money for them.  The only other reason I can think of for them to be in such a hurry to exercise and sell is if they have an expiry date that is fast-approaching.  I don't think this is the case reading the details on previous PP news releases.  Even if there was expiry coming up to exercise the warrants, they could exercise them, and then sell the shares when the stock price is much higher.