Post by
GrowthAndValue on Jun 28, 2021 3:23pm
Warrant expiry
I expect the warrants to be exercised tomorrow but what are the chances that the holders let them expire. Seems like we could use the cash because I think they have a larger acquisition in mind. I'm guessing they are waiting to collect the cash so they don't have dip into their credit in order to make the purchase. What do you guys think would be the most ideal outcome for the company?
Comment by
Trademark11 on Jun 28, 2021 6:56pm
Two options: 1. Release positive transitional acquisition PR (LOI or closed deal) tomorrow to entice the holders to convert before the end of the trading day 2. Let them expire and release PR of aquisitions at a later date and release more shares at a higher price. (hopefully without warrants) I would personally prefer the former....
Comment by
Carlito3311 on Jun 28, 2021 7:23pm
This post has been removed in accordance with Community Policy
Comment by
Carlito3311 on Jun 29, 2021 7:57pm
This post has been removed in accordance with Community Policy