Nextleaf Solutions Ltd C.OILS

Warrant program? Sure. Inked deals? Please!

[AuroraAurora]

It's fair for there to be a warrant program, but let's see some more deals now. These warrants I'd assume are for insiders? 

I'm all for insiders being rewarded, but let's ensure the shareholder is rewarded in the near future too. 

I'm confident and a fervent supporter of Nextleaf, but let's see some more deals in the short term. I like the new 0.25 support level, but we need more deals.

[shneps]

The vast majority of these warrants would be for anybody who participated in financings. There are 10.4M warrants, if excercised, would raise $2.8M for the company. They are also adding an additional warrant for exercising early @ $0.35. These warrants would have died on the floor with an exercise price of 70c and no monies raised for the company. Waste of paper. I would expect an announcement of

[AuroraAurora]

Is this something that I could participate in as a fairly long-term shareholder of 2+ years? Or would that be folk folks who Already had warrants? Thanks for explaining it a bit more

[shneps]

This is for existing warrant holders.

[AuroraAurora]

Thanks Shneps. Hope everyone had a good day.

[hopefull]

guys look a little closer. NL is hurting and needs capital to maintain current cash burn, and this is the least threating to share price......expect a hit tho for sure. The underlining issue that is being missed is that the revenue of these non named deals are minor in comparison to their cash burn. This is partially why employees were sold on the idea of shares instead of cash. Looks like we

[Weedmsterbadger]

I'm sure the money will be raised in house depriving warrants for employee and management purposes  I'm guessing Paul and Ryan will be on the bulk of it  I don't think we have reason to panic yet if NL is not trading at 5.00 by next year then we should panic  look what differentiates us from others is the IP if the IP is prove to be invaluable then we panic if anything