RE:RE:RE:RE:200,000 Warrants Convertedskier59 wrote: OK I had a few minutes to get the info;
As of April 1st we had a total of:
144,132,042 shares in the market.
30 cent warrants 3,159,000 with less than 1 year remaining.
37 cent warrants 7,198,599 with 2 1/2 years remaining.
the interesting ones are those 54 cent warrants, 19 million, which have about 7 months remaining.
I can guarantee you that Frosty will never let those warrants expire. Now we know why he demanded the 5 year term on them.
I'm still amazed Roger has managed to keep dilution at such a low level after all these years. I think we can also thank our great Canadian system which has certainly helped. This would never of happened if we were a USA based company. Lots of great medical things have been invented in Canada, since our invention of Basketball :)
Thank goodness you had a few minutes to do your own DD skier59. What got into you? The reason they haven't diluted shareholders even more is because their expenses for doing animal trials and a small phase 1b human clinical trial were relatively modest. Let's see if that holds up as they ramp up for a 100 patient phase 2 trial in multiple countries.