Valeo Pharma Inc VPHIF

Management says warrants are NOT being accelerated by the co

[oiljack14]

They hold most of the warrants themselves.  NO acceleration as per my understanding!

[eric40]

They hold 75% or so of the warrants so you are probably right.  But still, those who owns warrants and are not management can't know for sure.

[Bizintel]

I took advantage of the price drop and bought more of the warrants today.

[eric40]

Valeo  announced today that it has no intention at this time to accelerate the expiry of the share purchase warrants of the Company (the”Warrants”) issued pursuant to a short form prospectus dated July 11, 2019, each Warrant having an exercise price of $0.60 and an expiry date of July 25, 2022. All other terms of these Warrants remain unchanged, including the right of the Company to

[Higherhopes2020]

Normally warrents expiring in 2 years from now will have at least a dollar premium attached to it. vph.wt do not have any premium(conversion at 60cents). This means the warrent are trading at discount.   President and CEO of Valeo Pharma clearly indicates that he does not need any funds to improve cash flow.  This means they there are not going to accelerate the warrents conversion