$0.05 WarrantsFrom the May 25 financing have been accelerated expiring next Tuesday. As of couple of weeks ago, there were 26+ million warrants representing $1.3+ million.
Clearly the company needs these funds to continue completing the farm in agreement.
If we continue to trade in the $0.16-0.17 range, a sale of 8.2 million would be sufficient to pay for the lot. Of course, if holders choose not to sell that's even better. Regardless, look out for increased volume this week.