RE:RE:RE:RE:Newsenriquesuave wrote: If this SP hits above 50-75 cents myself and group of investors would excercise our approximately $650 k worth of warrants. I don't think we're alone. Above $1 for sure most of the $10-13 million worth of warrants may get excercised.IMHO.
fecats wrote: Once again , nobody will exercise warrants that are good for 2-5 years . Why would anyone do that ??
I have 1 million in warrants. And if the stock price hits $1 usd or more I'll exercise all of them for $320,000 CDN. Why wouldn't I? It helps fund the company for one thing. And if the stock price is going over $1 then it's probably going to $10 and I want to get long term capital gains treatment for those exercised warrants and get the clock started as soon as possible on the one year holding period.
And Alamir, I'm not familiar with any warrants outstanding with less than a 20 cent strike price.