GREY:IVITF - Post by User
Comment by
hellenmon Nov 18, 2018 4:59am
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Post# 28990804
RE:RE:3 million warrant shares at $1.75 to expire 9+ trading days
RE:RE:3 million warrant shares at $1.75 to expire 9+ trading daysA good question. Nothing was reported on Canadian Insider on the exercise of 1.75 warrants in recent times ( I should check all on SEDI), however won’t know for sure until the next financial report is out. If they did exercise some of those warrants they would have to pay that price and add to the treasury. Same with any exercisable options.
The good news though is that the recent financing was bought at $2.00 with $2.40 warrants. With the October 17th date of recreational cannabis allowed sales revenues should start to reflect in the sales column. Invictus is in a now continuous square foot growth footprint, so look forward to increasing sales revenues for at least two years.