RE:RE:RE:why did they give warrantsThe stock price is clearly showing the deal is solid.
Why is it a bad deal to have 8M shares now sold at 1.18 ...that's a 50% bump on the deal price...and another 10M to the company in CASH....to reinvest in more royalty income. I think 1.20 is a great price to bring more cash in for more deals...does not hurt the company at all.
People also wont sell at 1.20 when they just paid 1.18 in exercising the warrants...they don't get the shares for free.......maybe starts to have an effect at 1.50 and above....but likely most people will hold to 1.75 to 2 dollar range.