Post by
RalphCramden on Aug 21, 2020 9:58am
Warrants
Pretty obvious mngt did not want to issue shares at .85 cents, especially not 7 million shares.
so this indicates that they dont need the money and secondly if they get a big contract and need money they will be able to raise that cash at a much higher price or raise the money thru various means with RBC, such as loans, non convertable debs, etc....
the sellers this am are probably the ones holding the shares with the warrants. They were hoping for a big jump in share price so they could sell some shres tofinance the exercise of the warrants.
Comment by
joey71440 on Aug 21, 2020 10:07am
NO sellers in the us market yet so that backs what your saying ! TGIF
Comment by
wallpaper2 on Aug 21, 2020 12:23pm
Does anyone know how how many warrants had already been exercised before yesterday? Will they wait until Sept 11th before announcing anything or is their cut off they are happy with.