Post by
user46 on Nov 25, 2017 8:25am
Reverse Split
In my opinion: the reverse split at the moment is praticly impossible due to number of warrants and grant options (more than 80 000 000) that will end soon. Warrant are in the 6c, 23c, 24c end the rest over 34c. The best way for Tangelo Games to get some cash rapidly is to Intends to Amend Warrant Terms to 2,5 or 3c to all the warrant ended in january 28 2018. Graphene 3D Lab GGG has just asked for this situation. Something brewing in Barcelone and maybe all shareholder will get what they want..............................................
Comment by
willis888 on Nov 25, 2017 11:08am
I believe if they do a reverse split ,it applies to the warrants and options also.At this time,I would think that is their only option to raise money.1 for 10?