Post by
Pimpovish on Jun 21, 2021 10:20pm
Peter Lacey: The Man!
Prior to the offering, Mr. Lacey held 4,491,891 Common Shares, or approximately 7.80% of the total issued and outstanding Common Shares. Mr. Lacey also held 4,500,000 common share purchase warrants and 555,000 stock options. Mr. Lacey now controls 4,491,891 Common Shares, or approximately 7.80% of the total issued and outstanding Common Shares, the Debenture in the principal amount of $2,500,000, 10,750,000 common share purchase warrants (including the Debenture Warrants) and 555,000 stock options. Assuming the conversion of the Debenture and the exercise of the common share purchase warrants (including the Debenture Warrants) and the stock options, Mr. Lacey would own or control 22,046,891 Common Shares, or approximately 29.35% of the total issued and outstanding Common Shares.
Comment by
Ventrue on Jun 21, 2021 10:53pm
I don't think whales typically do things without good reasons, or at the very least, decent odds . . . I added last week and likely will add more next week
Comment by
ENEMENEMYNEMO on Jun 23, 2021 9:00pm
Tis a good sign of confidence but then again if there is good stuff coming imminently then this would be seen as insider trading. So me thinks we will be waiting 6+ months for any news after Lacey's buy :(