RE:What's going on here? News This is by far in the best interest of shareholders
or the company. It is to reward insiders and management
.The private placement in 2015 was at .26 and warrants
were at .40. Normally warrants would expire worthless,
as they should . In this particular case management
(CEO) is discounting the warrants to .0625 creating
further dilution when funds are not needed . Basically
the same applies to all the private placements listed.
It's absurd ! The private placement in march of this year
is included ???? Inks not dry yet ! Placement was at .10
warrants at.20 now at .0625??? Major dilution
approx another 50,000,000 at historically low price .
For what purpose. ?? Let them expire as should be.
That is the risk reward set up upon participating in placements ,
but in this case CEO has the opinion it is in the company's
best interest ? I would suggest it is self serving at a minimum
and in the interest of the participants in the raise .
Extremly dilutive !!!! at the enrichment of ??? At historically
low prices .