PINL:GRPOF - Post by User
Comment by
SteveB44on May 16, 2020 5:37pm
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Post# 31038511
RE:RE:RE:Warrants at 0.32?
RE:RE:RE:Warrants at 0.32?why not price the warrants at $1 and bring in $33,089.000???? because that is not what would have brought in $10 mill over night. if you were willing to fund the company $10,000,000 at $0.26 with a $0.50 warrant you should call them directly and make them that offer. I am sure they will take it.
once those warrants are in the money many investors will excercise them and take their profit. if you wait they could exprie worthless. i have had that happy to me many times.
maybe you have a lot more experience at this than I do but IMO this was a very smart move by the company from what I can see...time will tell if they spend the money wisely. if they do then the investors will all do very well.
I will be holding my shares of this one and am thankful for those who helped fund the comapny which allows us to have a chance at a real payday....I think the only thing that could have stopped Tetra from getting a DIN or FDA approval was one day running out of cash....now I feel the odds of them being succesful just went way up....