RE:RE:RE:RE:RE:RE:RE:RE:1.12 warrantsSo your point is what?
Nexoptic's New Team found themselves having to do a quick $3M PP @$0.41 mid June, 2019, 2 mos. after discovering they had been sold a bill of goods, an empty treasury and debt in addition to that. They hunkered down to fix a broken co. where former Sr. Mngt. took out $600K annually and looking at financials quite a healthy expense accout.
Since then, the Newbies worked for little to zero money to fic Nexoptic, get about 8.5M of 14.5 M already issued warrants subsequently exercised, which already count to current full dilution. Even better 6M wts expire. So you are worried about them working with what little they inherited from prior Sr. Mngt?
So lets recap to be sure:
1./ Feb 23rd, 2020 1.85 M wts approx out of 7.6M wts @ $0.45 get t exercised.
2./ Aug 14th 2020 Approx 7.5 of 7.5 M wts get exercised and maybe an est. 800K of issued options get exercised as well.
3./ Lets tally that up for 2020. $4M in new funding off exisitng.issued wts. and options. Do you thin that is a bad thing?
4./ More than a lot of us are thrilled with no new PP, no new wts. issued and instead $4M into the treasury from already issued wts. and options. Oh and 6M wts. that expired, reducing our fully dulited oustanding from the current Cap Structure. Nothing added.
Sooooooooooooooo.......