I've probably been posting too much today, but I o
Post# of 155026
(Total Views: 525)
Posted On: 06/03/2020 5:23:22 PM
I've probably been posting too much today, but I only get 5 so that's good news for all of you. Anyway, I listened to the webinar one more time on the whole uplisting thing.
Now last week NP said they finished discussions with an investment bank or something, then yesterday, mum's the word or acting like we've had talks, but we're waiting. Then Mentions the funding aspect needed for uplisting that it could take fundraising or maybe not, because they submitted a proposal to the exchange for not doing dilution and hoping the exchange agrees with them. We will find out.
Sorry, long winded. My question is, based on a previous post that the number of shares float is ballooning and the fact that NP stated before if all warrants exercised we could uplist, does anyone else think they may be using the outstanding warrants as the potential cash/funding as "collateral" with the exchange to say we don't want debt or dilution, but we've had alot of warrants exercised lately and think if we uplist more will be exercised giving us the needed cash? Not sure it's viable, but the only plan I could think of that they give the exchange that doesn't involve additional fundraising/dilution of some kind.
Now last week NP said they finished discussions with an investment bank or something, then yesterday, mum's the word or acting like we've had talks, but we're waiting. Then Mentions the funding aspect needed for uplisting that it could take fundraising or maybe not, because they submitted a proposal to the exchange for not doing dilution and hoping the exchange agrees with them. We will find out.
Sorry, long winded. My question is, based on a previous post that the number of shares float is ballooning and the fact that NP stated before if all warrants exercised we could uplist, does anyone else think they may be using the outstanding warrants as the potential cash/funding as "collateral" with the exchange to say we don't want debt or dilution, but we've had alot of warrants exercised lately and think if we uplist more will be exercised giving us the needed cash? Not sure it's viable, but the only plan I could think of that they give the exchange that doesn't involve additional fundraising/dilution of some kind.
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