RE:Clouder ;Who said anything about the company issuing .08 cent warrants. The company announced the ACCELERATED REDEMPTION of the March 2021 warrants.
Any March 2021 Warrants that remain unexercised by 5:00 p.m. (Pacific Time) on the Accelerated Expiry Date will expire and be cancelled. As of October 21, 2022, an aggregate of 12,025,997 of the March 2021 Warrants have yet to be exercised, of which 4,007,917 are exercisable at CAD$0.10 per share, 4,660,000 are exercisable at CAD$0.12 per share, 2,358,080 are exercisable at US$0.08 per share and 1,000,000 are exercisable at US$0.16 per share. Each March 2021 Warrants is exercisable to acquire one common share of the Company.
So the holders either exercise, probable as the shares are worth .45 or so, giving Trillion about $1.2 million in cash in exchange for 12.02 million new shares. Question is, will any of the forced exercisers sell their newly acquired shares putting downward pressure on the sp.