RE:RE:Why all the Panic for a measly $20 MILLION???There are a few "good and bad" NRs in the last 6 months, Jon$..
One in particular stands out for me where they extended the expiry date of 11 million warrants @ 35 cents to this month. They knew they'd be announcing results by the end of January, so they asked for an extension till Feb. A few people made quite a few buxx with this.
Sernova to extend warrants to Feb. 12
2020-10-30 09:33 ET - News Release
Mr. Dominic Gray reports
SERNOVA ANNOUNCES 3-MONTH EXTENSION OF WARRANTS
Sernova Corp., subject to acceptance by the TSX Venture Exchange, intends to extend the expiry date of 11,016,000 outstanding share purchase warrants issued pursuant to a private placement that closed in two tranches. The warrants currently expire on Nov. 14, 2020, and Nov. 21, 2020. Each warrant is exercisable into an equal number of common shares of the company at a price of 35 cents. If accepted by the TSX-V, the new expiry date for the warrants will be 4 p.m. Pacific Time on Feb. 12, 2021, and Feb. 19, 2021. All other terms and conditions of the warrants, including the exercise price, remain the same.
About Sernova Corp.
Sernova is developing regenerative medicine therapeutic solutions using a medical device (Cell Pouch) and immune protected therapeutic cells/tissues (i.e. human donor cells, corrected human cells and stem cell-derived cells) to improve the treatment and quality of life of people with chronic metabolic diseases such as insulin-dependent diabetes, blood disorders including hemophilia, and other diseases treated through cellular production of proteins or hormones missing or in short supply within the body.
We seek Safe Harbor.