TSXV:FFC.P - Post by User
Comment by
iPhiIanthropicon Dec 06, 2019 12:17pm
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Post# 30429332
RE:EMC WT's
RE:EMC WT'sSilverback63 wrote: I believe there are 10.9M EMS warrants with an exercise price of $1.75M that fall off the table today. The good news is, less dilution. The bad news is the $19M that would have been added to Aleafia's treasury. I would have preferred the $19M, and obviously a share price high enough to exercise the warrants. We are still one of the best capitalized MJ companies out there when compared to our monthly overheads, and with the $7.1M deal, those overheads are potentially behind us for Q4. Hopefully high margin 2.0 profit for the rest of the quarter.
Forward 2.0 growth will allow Alef to supersede many of the existing LPs