Post by
spck11 on Feb 26, 2021 8:53am
5 Million Warrants Exercised
https://www.conferencecalltranscripts.org/summary/?id=163190&pr=true
5 Millions warrants were excercised, with 3.85 of them being excercised at 0.12, and no holding period.
This was a known factor, but someone is unhappy with this and is currently set to dump over 100,000 shares at 0.27 at market open. Bit of an overreaction, but this is definitely bearish short term on the stock price.
Comment by
Longholder99 on Feb 26, 2021 9:11am
They need cash for equipment if they are going to fulfill a large contract without financing it. Unless you plan on selling sub 50c this is just a glitch.
Comment by
lscfa on Feb 26, 2021 9:22am
Wrong. 1,081,161 were options at $0.22 and were exercised because they were expiring.
Comment by
spck11 on Feb 26, 2021 9:58am
Yeah, not to mentioned I stated 3.8 Million were excercised at 0.12, and I didnt mention the 1.1 mil at 0.22. Then the guy just goes 'Wrong'. in a Trump like response. Come on, you are better than that lhsca
Comment by
TheRainman on Feb 26, 2021 10:24am
The .12 cent warrants were schedualled to expire not until DEC 2022 . So I take this as a great sign of confidence. Now we are cashed up and ready for bear. Bring on the pepper contract. The rest will follow.
Comment by
k0d3r3d on Feb 26, 2021 11:43am
i beleive the name of the fund you are refering to is Alpha North. Not sure if its them.
Comment by
Wiseowl50 on Feb 26, 2021 12:27pm
Yes Alpha North,I think they were major participants in the early financings.