20 mio stock options/warrants @ 0,055 In my opinion IPG has a bright future regarding their project. Only thing I dislike is that there are >20 mio stock options @ 0,055 ending june/july this year. So expect quite some dilution when management is stuffing their pockets.
Private placement from July 23, 2020 with 15 414 998 units (each, a "Unit") at a price of $0.055 per Unit + one warrant at a price of $0.055 for a period of 24 months from the closing date - this was or is really an unfair way of making money. Warrants aren´t a bad thing, but 15 mio at this price level is a ridiculous way of financing and only benefits management and not the company.