(Total Views: 604)
Posted On: 04/09/2020 4:50:50 PM
Post# of 153897
Things I like:
"During March 1, 2020 through April 6, 2020, the Company issued of 29,357,527 shares of common stock in connection with the exercise of warrants and stock options with an exercise prices ranging from $0.19 to $1.00 per share. The Company received proceeds of approximately $7.4 million from these exercises."
Explains the O/S increase and, potentially, some of the selling. That is a lot of shares.
Things I don't like:
"On April 8, 2020, the Company received a notice from the holder of the January 2019 Note, stating that the investor was owed additional shares upon redemption of the note, compared to the number of shares issued upon redemption as described in Note 5 above. The Company is reviewing the details of the notice."
@#%$@%$ convertible note holders ... won't they just (metaphorically) die already?
"During March 1, 2020 through April 6, 2020, the Company issued of 29,357,527 shares of common stock in connection with the exercise of warrants and stock options with an exercise prices ranging from $0.19 to $1.00 per share. The Company received proceeds of approximately $7.4 million from these exercises."
Explains the O/S increase and, potentially, some of the selling. That is a lot of shares.
Things I don't like:
"On April 8, 2020, the Company received a notice from the holder of the January 2019 Note, stating that the investor was owed additional shares upon redemption of the note, compared to the number of shares issued upon redemption as described in Note 5 above. The Company is reviewing the details of the notice."
@#%$@%$ convertible note holders ... won't they just (metaphorically) die already?
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