RE:RE:RE:Private placement and WarrantsTakittyai wrote: I wouldn't bank on the next PP to have warrants. True Leaf is going the crowdfunding direction and the need for $10 million would be quite the dilution for existing shareholders already, and have warrant would add to the dilution. The question will be where they price the PP, which will be cruicial to bring as much crowdfunds as possible.
TheActuary wrote: westis65 wrote:
All the money raised by private placements goes directly to the company,the last one raised $1,380,000. The warrants if exercised will raise $2,070,000. That's $3,450,000 good for the company bottom line.You could sell your placement shares bought at .30 at market price to buy your warrants at .45 to take a profit.
No one will exercise their warrants now when it expires in 2019 IMO.
If the stock goes to 0.90 - 1.00, we may see a PP announced to a higher level such as $0.80 with warrants at $1.20. At this point, some accredited investors may sell a portion of their shares acquired at $0.30 to buy shares at $0.80.
I hope we will have a December PP, I haven't been able to participate as all of my funds are in a registered TFSA. If I had of removed in May-July13 to participate at $0.30, I have to wait until January to recontribute those funds (and pay the taxes). I am waiting for a PP in December, (I believe the .21 cent PP was in December but my TFSA was much smaller at that time), I now have the funds and would like a PP with a full warrent in December. (There will not be any warrants associated with Crowdfunding Unit's; a gift based on Contribution level it states). Aurora has 300 million outstanding , THC has 120 million, Matica 230+million, Nutritional High 350+ million and on, True Leaf has 70 million and 4 companies, Pet, Pet Europe, OregaPet & Medicine with insiders owning more than 50% IMO so less than 35 million. Private Placement with a full warrent in December please Darcy. The Crowdfunding can be for merchandisers, employees benefit programs, employee gift packs, people that doesn't have a brokerage account luke my parents, grandparents & kids and heck most of my friends. Make it simple and easy for the average jane & joe to own a piece of True Leaf, and have a PP with a full warrent to allow the loyal Shareholders to gain a larger piece and grow the base. (Very few are free trading, volume is good for all shareholders ).