Medipharm Labs Corp T.LABS

Huge Share Count!

[stealthct]

holy smokes at the outstanding shares at the current share price. I vote for Share Consolidation

[BDHG01]

as someone who's still holding from pre-collapse prices, this is my biggest fear, other than going to $0 of course. Can you help me understand - the recent bought deal has warrants at a certain SP. If they were to consolidate, would that have been factored into the deal somehow? Are there any clues as to the company's intent re: consolidation? thanks

[checkup]

This post has been removed in accordance with Community Policy

[Lemoyne]

Bought deal documentation on sedar offcially sets shares outstanding at 257M

[lscfa]

  Wrts o/s nov 16 4,456,260 Options o/s nov 16 11,845,590 Shs o/s Mar 01 200,447,759 New Shs 57,500,000 New $0.70 Wrts 57,500,000 $4 mil Conv note

[Righttothetop]

A reverse split is possible.  But not probable at this point so far as I can tell; although they tend to hide these kinds of things in the voting materials when they come. Are the shares O/S high compared to past, yes....are they high compared to others in the sector...no, not yet. My hope is that if a reverse happens, that we're above $1-2 so as to let some of the exists longs recoup..

[lscfa]

Rollback requires a shareholder vote, dumbass........

[lscfa]

Mgmt going to delay an AGM asap because shareholders going to vote directors asses off the board.