Warrants Acceleration now in play! The Financing in 3-2022 included Warrants, whose Terms contained an Acceleration Clause with a 15-day Time Fuse if the stock traded above CDN$.125 for 5 days. PEI just accomplished that. So, expect a PR imminently announcing the Acceleration.
Bad news first : this will put a temporary "lid" on the stock as people sell Shares to exercise the Warrants.
Good news: the price difference between the Warrant Exercise Price and the Current Price is so small the "churn" should be quick.
Even Better News: this is going to raise a lot of Ca$h that the Company now won't have to raise by other means.
If you're in.... stay the course.
If you're not in.... here's your last chance to get PEI on the cheap. Because that Warrant money is going to be put to use, immediately to ramp up production even faster.