RE:RE:Guessing... there are significant amount of warrants and options with an average exercise priceof 36/37 cents. They could push to get these exercised (most would be in the hands of insiders) to raise cash.
And this is already factored in to the fully diluted outstanding shares at just under 97,000,000. The fully diluted number drops to about 94,000,000 after tomorrow assuming the 65 cent/share warrants expire worthless.
The acceleration claise on the 30 cent warrants could easily kick in giving them another $2.4 million without doing a big raise.
We are likely to see further dilution but it doesn’t necessarily have to be huge dilution.
Don’t listen to me though. I am a novice investor.
ShellsRFun69