RE:RE:RE:RE:Management says warrants are NOT being accelerated by the coNormally warrents expiring in 2 years from now will have at least a dollar premium attached to it.
vph.wt do not have any premium(conversion at 60cents). This means the warrent are trading at discount. President and CEO of Valeo Pharma clearly indicates that he does not need any funds to improve cash flow. This means they there are not going to accelerate the warrents conversion in the near future. The VPH.WT are cheap.
"Our summer product launches are leading to improved cash flow and we therefore will not accelerate the expiry date of the Warrants at this stage" said Steve Saviuk, President and CEO of Valeo Pharma.