RE:RE:AUG 16 2019- CAMP123 HELP !!!!!CAMP123 wrote: 0.35 warrants expire 08/15/2019 (2 years from the date of closing). They can be accelerated at the discretion of TGIF should the 10-day VWAP exceed 0.70, after 12/17/2017.
0.25 debentures expire 08/15/2019 (2 years from the date of closing). They can be accelerated at the discretion of TGIF should the 10-day VWAP exceed 0.45, after 12/17/2017.
Not off the beam and making a lot of sense. Warrants will be accelerated and the 8.7m will be utilized for further expansion, imo.
bingsings wrote:
is the date the o.35 warrants expire from this PP due on DEC 17th.......can anyone of us (yes YOU Camp123) imagine what the SP would be 2 years from now? $2- $4.oo?,,,,,,my point is that these warrants will be accelerated if the SP hits o.70 for 10 days........I think the SP will POP up to o.70 with the Q1 financial report BEFORE Xmas.......TGIF would most likely want the SP up there just to get these warrants out of the way quicker than 2 years.......I mean , do these REALLY WANT o.35 purchase warrants hanging over their heads for 2 YEARS ??.......am I "off the beam"?....or do I make sense?........I have had a lot of time to dwell on this ever since I retired as a night watchman at a cranberry silo in northern Ontario.......best 45 years of my life !!
thanks for the quick reply camp123.......so the big question is...DO YOU THINK WE WILL HIT O.70 IN 2 WEEKS....???.....ps....if they accelerate this and get it out of the way thru January, the path will be cleared to make room for the NEXT PP due on February 5th