I was lookng at the financial statement And summarizing here ! If you find any mistake from this pls correct me
As of August Nbm has 89,375,000 shares outstanding
There 7,450,000 options issued
16,000,000 warrants (at .16)
overall total diluted shares are 113,467,000
after Aug.30 whether Nbm issued more options ?I don't know yet
From there currently total 93,530,000 outstanding. So my guess is about 4mil warrants exrecised now according to this calculation which
means there are remaining about 12mil warrant.Also I don't see any evidence that the draw down has been used until aug.30
so My guess is that those warrants are being exercised and probably being sold putting downward pressure on the share price lately Hmm, I don't know about you guys but I should patiently wait and if I get a real good opportunity means at .16 I will double down!!!:)