Abattis Bioceuticals Corp ATTBF

RE:RE:The new PP is nice but..

[Fillthegap]

So if it trades over 75 cents for 10 days they can accelerate the half warrants @ .65 each. Which adds another 4.5 million in the bank. For a total capital raise of just under or around 20 million. Which hopefully should be enough cash to setup shop in every province with a couple million for salaries. Look awesome. And that 75 cents is a hole to get to. It will be there by the end of the week.

Fillthegap wrote: New PP - The Company will issue up to an aggregate of up to 13,953,488 units at a price of $0.43 per unit (each a"Unit").The Company reserves an over-allotment option to increase the Offering by up to 15%. Each Unit consists of one common share (a "Common Share") and one half of one Common Share purchase warrant (each whole warrant a "Warrant"). Each Warrant is exercisable for one Common Share for a period of three years from the closing date of the Offering at an exercise price of$0.65per Common Share. In the event that the Company's common shares trade at a price on the Canadian Securities Exchange (the "Exchange") (or such other exchange on which the common shares may be traded at such time) of greater than $0.75 per share for a period of 10 consecutive trading days

Fillthegap wrote: Don't forget about all those warrants from the last PP. They will be accelerated if the trading price remains over .325 for 10 trading days @ a price of .25 each. That add another 5 million or so to the bank. Which means ATT now as roughly 15 million from PP to expand. I haven't read the new PP but I'm sure there is a acceleration clause in it also.