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Virtutone Networks Inc V.VFX



TSXV:VFX - Post by User

Bullboard Posts
Comment by Flipper12on Feb 06, 2014 12:59pm
202 Views
Post# 22180043

RE:RE:Shares oustanding now 52.5 million verse 23.67 a year ago.

RE:RE:Shares oustanding now 52.5 million verse 23.67 a year ago.Thats exactly right. Can't grow without the capital. While the fully diluted shares is higher the company does not have the benefit of the cash from the warrant exercise. I would expect the company to force conversion of the warrants within 6 months which will accellerate the SMS wholesaling rollout. Almost $4 million will be generated from warrant exercise.

Market seems to be liking everything they are doing. New high of 51 cents today.
Bullboard Posts