Where we will end up on shares after the PPCurrently:
There are 139M shares outstanding
11M options
about 28M warrants at roughly 32 cents which expire in April.
New issue is 20M shares plus 20M more in over allotment plus an equal number of warrants at 15 cents.
When the dust settles I believe we will be at
179M shares
11M options
40M warrants at 15 cents
28M warrants at 32 cents might be 38 cents ( i think these will expire)
By end of April IME should have 220M shares, options and warrants outstanding, or if the prices rises considerably 250M shares
There is no real point in a rollback (as they generally do not work)
The only thing to really move the stock will be FDA news.
Hopefully the $2M they raise from this issuance will last until IME receives favourable FDA news.
GLTALs