RE:RE:1 year to go before 10M warrant expireYes, if warrants are exercised, it will dilute the stock. Let me ask, why company issue warrants if not wanted those to exercise? Warrants are incentive to investors putting money in PP. You may say I don’t care for those investors. Fine. See the performance of company stock price. 4 years on and trailing every index. Warrants could not be in money even for 4 days in 4 years. If company wants to raise new money, what do you think it will be raised at 15c?
What is company going to do with 3.5M cash? Can't buy another company. Spend all on new product development? Pay to 4 C suits exe, 6 VP and 4 managers. As of now 1M is invested at 1year GIC @2.7%. Is that what we want cash to be used.
GO and buy back. Reduce number of shares. Make at least 1C EPS in 2023. Be aggressive