NoobieMistakes wrote: 
February 15, 2018 08:20 pm
The upcoming financials will give us a better idea of the amount of warrants that can still be converted. The following numbers are from the latest MD&A of November 29th 2017.
For the begginers: "A warrant is a derivative that confers the right, but not the obligation, to buy or sell a security - normally an equity - at a certain price before expiration." (source: investopedia)
Since November 29th (assuming the warrant holders exercised them prior to the expiration date... which it is highly likely that they were all exercised given how deep in the money they were), approx 9.6M warrants have been converted (holders exchanged 1 warrant for the right to buy 1 share directly from the company at purchasing prices between $0.25 and $1.25).
So for those still wondering why ISOL hasn't been taking off like a rocket yet, the warrants are the reason. Imagine being able to buy 1M shares for $250K ($0.25 warrants) and instanly being able to sell your 1,000,000 ISOL shares for $2.26 to +$1.00... The rich get richer.
The numbers below are the warrants that haven't expired yet, but we don't know if they have been exercised yet. In my opinion, I would bet that at least half have been exercised at this point. But again ,the next financials will give us the clear picture of the amount still outstanding. Who wouldn't exercise $0.25 warrants knowing they could immediately sell they're quarter for $1.20...? Hopefully they are in the hands of ISOL beleivers confident they will be able to convert their quarters for $5+ before May, June, or September 2019.
682,500 $0.25 March 10, 2018
1,600,000 $0.68 December 31, 2019
18,709,300 $0.25 May 19, 2019
15,849,697 $0.25 June 19, 2019
4,012,414 $0.75 September 12, 2019
Anyways, hope this post helps at least one person! I personally absolutely beleive ISOL is about to take off. If not I wouldn't be invested 90% of my portfolio here. That's 342,500 shares.
Cheers,
MarketShark