RE:RE:RE:Spoke to my buddy .....skier59 wrote: The other thing to consider vestor is that there are a bank of warrants at 38. If the selling is done strategically, each 1 million shares sold could put $380,000 in TLT cash. Each 1 million shares slowly put into the market will also still let the SP rise nicely. Each 1 million warrants that get exercised delays any future PP. So far it seems Roger has done a great job controlling our finances, and the next few months should be very interesting. I really don't think we are in a desperate position for cash.
Can someone clarify warrants:
1. The .38 warrants are done, are they not? April 17 expirey.
2. Only 5 year warrants remain, expire .54 strick, march 2020., correct?
3. Why would anyone excercise these 2020 at this time? I wouldn't. Only two reasons I see is, a) friendly holder helping tlt cashflow b) friendly with their own motives investor group wants to help tlt cashflow until they can get next chunk pp
What other reasons would someone have to execute 2020 warrants?