management options 2I read here about the shareprice needing to go above .07 for the warrants outstanding to be exercised.
Yes that puts them in the money. But someone who made a significant investment might want to see it settle a little higher before they exercise them. And there is a good chance that they would sell some of the original shares bought in the placement to pay for exercising the warrants.
There is a caveat I believe that if the shareprice is above a certain price for 10 days that they can tell them they have to exercise the warrants or lose them. I forget the details.
But, we can look at the .07 warrants to raise money, depending on the shareprice.
Management has millions of options that are exercisable at .05 cents. So that is an easier target to reach, and get them to exercise the options.
And we can't forget SGNL.