Watch out for warrants 1.7 million expiring this week and another 1.8 million next month. That's nearly 20% dilution. All at 50 cents . Haywood exercised 100,000 but nothing reported by anyone else. Maybe filed under szn by mistake? Or file on sedar monthly under a sedi exemption? Maybe, or maybe the remaining 3.4 million shares will expire worthlessly unexercised .
Insiders own most of those warrants. I see no reason to wait to the last day to exercise them so it should have appeared on sedi by now. Better hope there isn’t a greasy deal to extend the term of those warrants another year. It’s also very telling if they expire unexercised despite being “in the money”. To me, that means nobody is willing to cut a cheque at 50. Not insiders, not “strategic” investors, nobody. Not even Blane lastman the furniture guy. Rip mel.