morning workoutSo let's set the record straight. 9 million warrants were exercised. those are warrants he was granted through the giant stock split that was done around the time of the third name change. So exercising the warrants when you are guaranteed a large return is not something that would be a benefit to the company. It would be best to know what the terms of timing for the warrants to be exercised to understand if this was the reason for exercising them at this time or not. What needs to be watched closely now is if he starts selling these. We have seen others in the company exec sell theirs at current prices so it is not out of the question that this is his plan. We just don't know right now so arguing about it prior to any further info on this is pointless.
There is no evidence this stock will go to any super highs in the future so those talking 5 dollar shares are simply dreaming at this time. The only thing we have seen over the past three months is a dramatic drop from a dramatic rise and all of this speculative.
Keep trashing each other's opinions but undrstand that both are just that - Opinions not based on fact as there is no facts from this company to support either. Revenue is what is needed to push this higher. Lack of revenue will push it lower. That is the future of this company period.
Keep an eye on the 9 million warrants to guide you and watch to see if they use a news release to trumpet year end and first quarter results or quietly release them.