OTCQX:MRVFF - Post by User
Comment by
ronzon Jun 06, 2009 9:00pm
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Post# 16049817
RE: about the warrants...
RE: about the warrants...To my knowledge, the 30 cent warrants are set to expire on July 13th/09. There were 50 million warrants available but not sure how many were already exercised with the warrant incentive program from January.
I would fully expect {in my opinion of course}, that the share price will jump up past the 30 cent mark to further intice the warrant holders to exercise before they expire as this will add a nice pile of cash to the company bank account to help finance the launch of Pennsaid for after their pending approval! Watch this coming week as it makes another jump! Any warrant holders would be crazy to not exercise their warrants before they expire on July 13th, which is why I think we will more than likely see a higher than thirty cent price to make it tempting. Cheers!