Warrants and whatnot I feel like there is a little bigger strategy at play with these early warrant redemptions vrs a regular PP.
I feel like Osmose and others might want to mop up our cheap PP's but Tim says no, no, no. You have to commit to a larger position to get in. No taking advantage of our slow-pokedy Serbia speed.
It must be the same handful of deep-pocketed shareholders that continue to support the venture with their early warrant redemptions. If you ever look at the fillings, the summaries always look about the same.
I guess what the hey, these people have coughed up millions over the years and deserve a crack at ownership more than someone new prancing in at the last second.
Of course I've been here for over a decade and have been diluted dry, but that is my fault. Is that an oxymoron, diluted dry?!
Anyway, it's another desperation move, but we gotta keep it moving forward. Hopefully this is the last cheap funding. I'm sure Tim only expects to nab half of the potential $500K, and he knows the investors. They can chat with them and talk up the next steps.
Oh, and management can exercise 10% of the $500K, so let's see if Blake, Tim, or other insiders top up one last time.
Lets just make this quick and get the Step 2 docs submitted. What are we going to be at after this? 210M shares, and 30 or so million warrants?? A sustained SP of .25 should get us to an early triggering point and clean that mess up Let's get a licence in and by August 1st??!! Jeez.