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Satellos Bioscience Inc Com V.ICO


Primary Symbol: ICOTF

Healthcare Biotechnology
iCo Therapeutics Inc is a Canada based biotechnology company. It is involved in the Research and development of ophthalmic indications. The company identifies, develops, and commercialize drug candidates with clinical history, and re-doses, reformulates and develops these drug candidates to treat sight and life-threatening diseases. Its in-licensed assets are iCo-008 and the Oral AmpB Delivery System. iCo-008 is a human monoclonal antibody targeting eotaxin-1 that acts as a messenger between...


GREY:ICOTF - Post by User

Satellos Bioscience Inc Com > Help Us Out Shareswapper. Why Is This Good?
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Comment by shareswapperon Jan 11, 2021 9:37pm
207 Views
Post# 32273158

RE:Help Us Out Shareswapper. Why Is This Good?

RE:Help Us Out Shareswapper. Why Is This Good?The value is no one will excercise the warrants unless we far exceed the strike price, probably in the $.10++ range, maybe more.  The NEWS that will take us there is obviously something significant.  They are not doing a private placement but relying on warrants so this PR basically means "we have Massive news coming" - my paraphrase.  it is a risk to the company relying on warrants to fund the company so they must have news coming very soon and have confidence it's significant to move the shares quite a bit higher.  It also means no further dilution to present shareholders, other than the warrant conversion.
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