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Clarocity Corp CLRYF

Clarocity Corp is a California based firm. The company is engaged in the development of real estate valuation software product and related technological products. Its products and services are MarketValue Pro Appraisal, Traditional Appraisal, AQC Appraisal Review, BPOPro, ANMPro and BPOMerge. The company also provides alternative valuation and appraisal fulfillment services. Most of its revenue is earned through the United States market.


GREY:CLRYF - Post by User

Bullboard Posts
Comment by railbirdon Sep 25, 2017 11:36am
172 Views
Post# 26737864

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Warrant amendment approved

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Warrant amendment approved
Darvesh wrote: I disagree with you both. The warrants will still expire worthless.
This is becasue the shares should not trade materially above $0.13 until after they expire,
UNLESS extraordinary great news surprises.
Funding will come from another source.
Darvesh



You could easily be right; but if Q3 revenues are an extraordinary surprise the warrant exercise option is there for the taking. Exercising may explain the rationale for the put option.

Reguardless there seemed to be an urgency to get this done as the company appears to be expecting a greater ramp-up in revenues between now and year end
Bullboard Posts