RE:RE:Money slowly trickle in...wildbird1 wrote: Big correction...
I hope somebody can prove me wrong, but the lowest warrant are at .35$ each.
But in the Nov,21,2022 pressrelease 7.8 million options were granted at .25$ each.
If the 7 million more shares out are these options being exercised, then TLT has close to $1.9 million more in the bank.
wildbird1 wrote: A few days ago TLT had 216 million shares out.
Today TLT has 223 million shares out(7 million more).
Depending on the value of the warrants being exercised, TLT could have a few hundred thousand $ more in the bank.
Not much but....
You raise a fair point about the possibility of a few options being exercised during Q3 but still it seems doubtful to me and we'll have to wait for Q3 financials to drop before confirming.
Of more consequence going into Q3 24 will be the 10.2M .26c options set to expire. By then this company will hopefully be on much firmer financial footing and options being exercised will be viewed more as funds to juice the company coffers and not lead to endless shareholder vexing.