RE:RE:we hear about all this growing the loan books ...The warrants out attached to the stock and debentures can dictate how this stock is going to trade. And there are warrants at 30 cents attached to the stock and at 40 cents attached to the debentures on this last round before the company went public. They could as one suggests wait as long as they can and surprise the market to get it going. Then if they can hold it above 55 cents for twenty trading days trigger the 40 cent warrants to raise money. I suspect they will try and do this then with the extra cash start the buyouts or deals. when they get to 100 million loan book it is not that much higher to hold it above 55 for 20 days if my 45 price is correct at 100 mil.
But it could play out another way where the ones holding the warrants sell a bunch of stock in the 55 to 70 cent range then push the stock down below the 55 cents before the 20 days are up so their warrants are not triggered yet. Then exercise the warrants before they expire on a push towards a buck instead. The 30 cent warrants are not triggered by price.
These games are played all the time. It will be interesting to see how it plays out but with the right news it could quickly move up to test the trigger price. N3