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Bullboard - Stock Discussion Forum Imperial Helium Corp` IMPHF

Imperial Helium Corp is a Canadian-based company. Its principal business is to acquire, develop and operate Helium Properties located in the Western Canadian Sedimentary Basin.

OTCQB:IMPHF - Post Discussion

Imperial Helium Corp` > What new shareholders are up against looking for a profit.
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Post by wallpaper2 on Jun 17, 2021 12:18am

What new shareholders are up against looking for a profit.

FWIW   According to Sedar filing records the following shares were issued:
January, February and June 2020...14.13 million shares issued at 5 cents
As of March 31, 2021  20.58 million shares outstanding 
March and May 2021.... 4.8 million share options were issued at .25 cents
February 2021 a PP. done and 56 million shares sold at .25 cent.... raised $14 million +-
May 2021 another 3.9 million share options granted at .25 cents
85.5 million common shares .  29 million warrants at .375 cents. 14 mil at .05 cents and 14 million performance shares granted.
I may be out a hair but if you are wondering why the share price isn't moving, this is what is out there. The 56 million shares from the February  Private Placement had a 4 month hold.

A lot of these shares are being fed into the market daily. When will it stop, who knows?
Drilling and drill results take 12 weeks to complete so no meaningful news until October.
Best for everyone to see them out of the way or sold now.
Comment by Ptucker763 on Jun 19, 2021 12:55am
This post has been removed in accordance with Community Policy