RE:Think MMEDExactly. I have no doubt this money was thrown at them and why would you say no. They don't need the cash now, but they know they will because the plan is to grow Canopy style. and yeah, the $1.50 strike for warrants says a lot. it shows they are commanding much better deals. It is fairly typical for exercise price of warrant to be 50% to 100% above the current share price. These new warrants have exercise price that is 209% above current share price. But even though this is obviously a great deal, you will still hear some bozos talking about dilution. They are either bashers, or they don't understand when dilution is good and when it is bad. If anyone thinks this deal is bad just sell your shares. Or better yet, sell your shares and then go short the stock. As far as I'm concerned, the more idiots shorting TRIP the better.
trip2themoon wrote: only a few months ago on their massive run up they did back to back raises. You strike while the iron is hot and TRIP is hot right now and people want in clearly. The $1.50 clause on the warrants show you were this can go in short order.
I think they have some BIG plans with Mera life. Todd is about access NOW! With Mera they will be able to open a world of opportunity to start treating and knowing this company it will be high profile......Im betting a partnership with UFC......
To the moon