RE:RE:MenaCo at 12 cents Bestinvest1234 wrote: Mr Wadsworth was the only person to exercise warrants which is concerning and no insiders buying retail at any time. This is definitely feeling like a very risky investment
Mr Wadsworth may not have been th eonly person to exercise warrants. After the May 31 deadline, the share count increased by just over 3 million. Wadsworth exercise only 170k as reported. Of course we do not know if the rest were warrants, but given the May 31 deadline, its very probable that they were indeed warrants.
If the deal is dead, I expect the shareprice to break from the range we're in. GLTA!