RE:RE:Remember this one? BIO.V?Interesting. Here are the actual terms of the recent private placement. I personally don't think the company will exercise or is any big rush to do so as you are only talking 625,000 shares and ANY is flush with cash. I believe the triggers for the next move up in ANY's share price will be based upon pending news and an institution who is short a significant number of shares who will throw in the towel. Good luck in 2014. IMO
The warrants are subject to an acceleration clause whereby should the common shares trade at $6 or more for more than 10 consecutive trading days on the TSX Venture Exchange or other principal exchange, the company has the right to issue notice to the warrantholders to accelerate the expiry date of the warrants to a period ending not less than 20 trading days from the date of notice.