Outstanding SharesHere is what has happened (since the May 11 published share structure) and what we can expect for the remainder of 2017:
All of the outstanding Options (659,000) should expire on August 7 (exercise prices of $1.15/$1.16)
On June 21, 8,086,264 Warrants expired (exercise price of $0.60) with the next set not until November 2020
Potentially 1,510,000 SARS will expire on September 12, depending on our share price (exercise prices of $0.40/$0.57/$0.61)
This potentially leaves us with 10,255,264 less F/D Share Outstanding by mid September. This would bring us down to ~285,000,000 total.
The problem is that we will definitely need to raise money at some point, the question is when and how much...
HB