RE:RE:The pullback hasn't been terrible this morning. First of all. The buying was not done by one person or entity.
Secondly, nobody is going to spend .35 on warrants to exercise in the hope of selling for .36 or .37
Warrant conversion doesnt negatively affect the PPS. Only selling does. And 10M shares can easily be churned with the right news. We did 1M shares yesterday on no news.
If they land some material news and the market takes a forward leaning stance on the business we will blow past .60 - the sharetable is quite small. Even on a fully diluted basis.
I would be curious to understand how you would come up with a valuation based on current fundamentals. If you may..