RE:RE:RE:RE:RE:RE:RE:Warrants
What you have to do when you become a 10% or greater shareholder depends on whether or not you are an eligible institutional investor. If you are, then unless you are disqualified,you are eligible to use Canada’s alternative monthly reporting system (AMR). You will have to file your initial AMR report with the Canadian securities regulators within 10 days of becoming a 10% shareholder. After that, you will only need to file another AMR report within 10 days of the end of any month in which your ownership position, measured at month end, has increased or decreased by more than 2.5% from the last reported position or decreased below 10%. As an eligible institutional investor, you will also be exempt from Canada’s insider reporting requirements unless you are disqualified from the insider reporting exemption.
You are an eligible institutional investor if you are an investment manager acting on behalf of investors on a fully discretionary basis. You are also an eligible institutional investor if you are a financial institution, a pension fund, a mutual fund that is not public in Canada, an investment company registered under the Investment Company Act of 1940, a U.S. registered investment adviser or an ERISA plan.
So BARCLAYS could be acting on behalf of an investor on a fully discretionary basis .
What would you do with a PDT/PDC destruction treatment that blows KEYTRUDA and OPDIVO out of the water , would you rather try and pay 9-12 billion US dollars now or wait for the next PH1b and pay 18-21 billion . That is the beauty of this type of treatment , IMO ,instant destruction so in a PH1b you can show safely and efficacy within weeks .
Abracadabra , now you see the cancer cells ....now you don't.