RE:RE:RE:RE:Up and then down and then back UpNo, this is all speculation, and what technical analysis? Yes this is dilution, but there was little choice given the settlement that was lain before them. It was either the rotten financing that as of to date, Fred is negotiating an ammendment, or bankruptcy. What is with this so called bonus anyway? Where are you getting this information? As with the price movement, who knows. It could go either way. The entire market is in a rut at this point given international trade wars and the lot. Ultimately, the entire strategy rides on the remaining warrants and notes "
Event Price Provisions" as stipulated here: "If the Company is not able to amend such provisions or obtain a waiver of such provisions in connection with its efforts to address the challenges to its capital structure, the Company may elect not to proceed with the reverse stock split." pursuant to the November 2017 underwritten public offering and concurrent private placement (together, the "2017 Financings") contain certain provisions ("Event Price Provisions") that, on the sixteenth trading day following a reverse stock split or similar event, reduce the exercise price or conversion price, as applicable, then in effect to the average VWAP of the five trading days with the lowest VWAP of the Common Shares in the preceding fifteen trading days in the case of the Notes and twenty trading days in the case of the Warrants. (This is what is being ammended). See Company's Management's Discussion and Analysis for the quarter ended March 31, 2018 previously filed on SEDAR and with the SEC on Form 6-K. NR