Selling pressure, hold out if you canAs one post mentioned earlier, selling pressure is almost done. Hold off for a bit longer. See dec/5/2017 news release. This stock will bounce back as its done before. Set your limit and dont even look at it.
Warrant Extension
Belgravia Capital further announces that it will modify the terms of warrants set to expire on December 14, 2017. Of this series, 16,950,000 are held by non-insiders and are exercisable at $0.11. The date of expiration has been extended to March 1, 2018, and the exercise price has been changed to $0.08.
Further, the Company will extend the maturity date of 2,967,738 warrants held by non-insiders and 318,928 warrants held by insiders of warrants expiring on March 1, 2018. The exercise price has been changed to $0.08 per warrant. The terms of only 10 % of the warrants held by insiders are being changed.
In accordance with Canadian Securities Exchange regulations, the expiration of all warrants will be accelerated to 30 days if the share price reaches or exceeds $0.11 for ten consecutive days (the “Acceleration Trigger”), with such 30-day period starting 7 days after the Acceleration Trigger. All other terms of the Warrants will remain unchanged.
Read more at https://www.stockhouse.com/news/press-releases/2017/12/05/belgravia-capital-corporate-update#axVZA5coKe8olExj.99