TSXV:CLAS.H - Post by User
Comment by
Amazighon Jan 13, 2022 3:18pm
291 Views
Post# 34314128
RE:obsidian.....
RE:obsidian.....polo22 wrote: tks Amazigh...like my line of credit..lol...now when is the start of phase one.....and do you have the same prediction 1.30 to 1.50 at the end!!!....
Phase I was announced to be finished in the first quarter of this year, so the start should be any time now. I heard that the ethical commity, which has a big influence on studies on humans - as it should be - gathers only on Wednesdays, making decision making time-consuming. I hope this Wednesday the commity finally gave a go, and otherwise on the next one.
As you know on April 26th the B warrants expire, and because they are tradable expiration date will not be extended. Many investors own these warrants and when exercised it will be an extra income of around $8 million dollars. So, before 26th April the SP will and has to be higher than $1.30 ( the exercise price for the B warrants). I believe Bob will make sure the SP reaches this target otherwise CLAS misses this large amount of money and will have many angry investors and insiders. I myself think that when phase I starts the SP will gradually increase and this target of $1.30 will be reached easily.
The SP target I am waiting for is a multiple of $1.30 and we will definitely reach that in 2022.