RE:RE:RE:RE:RE:RE:RE:RE:2M Warrant @0.25 due to expire on Feb 04, 20191. 2.08M warrants were outstanding as per Nov. 28, 2018 Sedar filing
2. It failed at 0.27 otherwise why to reduce the price to 0.19. Agent was replaced and agent commission was increased from 6% to 7% and warrant excercise price reduced from 0.50 to 0.35. It is not easy PP but cheaper PP.
3. If previous one did not fail and management withdraw and issue new one at cheaper rate, BEW may be in problen with Ontario Security Commission.
On your last point, I have always saying, suppliers will keep supplying you product on loan when you are selling to large reputable companies usch as AT&T, Bell etc. Payment may be late but never in doubt.
HowdyBob wrote: hmmm.....
1. Any warrants due Feb 4 2019 were issued in a PP probably 1 to 2 years ago (easy to look up) which means they were exercised in 2018 likely.
2. It did not fail at .27 cents. there were issues with how it was offered and so they changed to a easy PP. It would have sold out at .27 as well but they will say they had to change the offer to being closer to what it was trading the day the new offer came out.
3. The supplier will not be waiting to move on orders for money from a PP. things are moving and the money will be dealt with. nothing is held back because of PP paperwork.