RE:RE:RE:MidtownguyPitpitcolisse is correct, that was my mistake, as expiring warrants don't correlate 1:1 with share sales. It's a mistake I've made more than once, and I corrected it on the CEO forum when someone brought it up.
While Peter has more warrants expiring soon, it does not in any way mean he will need to sell shares to buy warrants. He certainly COULD, but he also may just use cash on hand (likely), or let them expire (doubtful).
Or even more likely, the money he has already generated by selling shares until last Friday is enough to cover the next rounds of warrants he has expiring.
Pitpitcolisse wrote: Warrants expiring doesn't correlate to same amount sales of share, its not like he has a maximum he can own. He needs money to pay the taxes on the warrants amd has to pay taxes on the gain of the shares he sells to buy warrants, so he needs money but he could have already gathered enough just like he could sell millions more if he wants to... So not relevant...
StairwayTo wrote: Just found it, took a while to go through all the bs over here and there,
@MidtownGuy As of Jan 1, Peter had 3MM warrants expiring on Sept 25. [Source: https://cdn-ceo-ca.s3.amazonaws.com/1gfbfk7-pyr%20share%20structure2.png+] He's since filed four Notice Form 45-102F1, indicating plans to sell: Jan 14 (400,000 shares), April 14 (480,000), May 26 (765,000), and July 7 (765,000). For a total of 2,410,000 million shares. Unless I'm missing something, he could still issue another notice to sell another 590,000 shares before Sept 25, to complete the 3MM shares expiring. wasitreallyok wrote: MTG could you please let me know about another share sale by Peter that Stairwayto had refered to from a post you had a while ago. Or is this just a misunderstanding on their part. It is my understanding Peter's share sale had ended today. Thanks