OTCQX:PHVAF - Post by User
Comment by
THCbeverageson Jan 24, 2018 11:42am
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Post# 27423787
RE:RE:RE:7,187,500 more shares to be free trading by Feb. 11th
RE:RE:RE:7,187,500 more shares to be free trading by Feb. 11thInstantly 5-starring all of your posts before they even have 1 "read" doesn't fool anybody lol. I was just pointing out the deadline. Many of them have already been exercised and are flooding the market as we speak, which is why the share price is falling.
CBDInvestor wrote: THCbeverages wrote: I was off by a couple of days. They will be free trading on the 13th/14th and could flood the market if holders decide to sell and take their quick, easy profits. We will see.
THCbeverages wrote:
If Phivida's share price stays above $1 until January 22nd then the IPO warrants will be accelerated to expire by February 11th (20 days notice). This means that 7,187,500 new shares, which will be purchased for 75 cents, will enter the float. You will see many of the big holders exercise their warrants and then sell them in the market to take their profits and push the stock price back down so that they can all stock up again as low as possible. Just be prepared for this and don't blindly listen to the pumpers here.
This is false (see below). it's half that number as of yesterday. We will see a minor dip, and get ready for liftoff. Buy the dips, sell and recover, your call, just know if you miss the boat, it wont be coming back!
GLTA
#CBA
As of close of market on January 23, 2018, a total of 3,858,627 Warrants of the 7,187,500 originally issued Warrants had yet to be exercised. Each whole Warrant is exercisable to acquire one Common Share of the Company at an exercise price of $0.75. Consequently, if all remaining unexercised Warrants are exercised, proceeds to the Company will total $2,893,970.25, which combined with already-exercised Warrants, will result in gross proceeds of $5,390,625. Read more at https://www.stockhouse.com/companies/bullboard?symbol=c.vida&postid=27422934#4ReFZCU4gaEsHlIp.99