I love a good conspiracy or two... 5 Reasons Wh
Post# of 32626
5 Reasons Why Conspiracy Theories Thrive On The Internet
https://www.wgbh.org/tv-shows/drama/2020-08-2...e-internet
But then you have Occam's razor to ruin it all.
Quote:
Occam's razor (also known as the 'law of parsimony') is a philosophical tool for 'shaving off' unlikely explanations. Essentially, when faced with competing explanations for the same phenomenon, the simplest is likely the correct one.
Conspiracy Theories #1: There is a tender offer of the warrants because there is a hostile takeover of VERB.
Let's start with the simplest explanation for the warrants and see if it makes any sense. If not, we can get back to the conspiracy theories
I have eTrade. I had warrants, but don't now. I didn't get notified.
From that we could assume only current warrant holders got notified. Now is the notification only about specific warrants as there were a number issued on different dates. I am also assuming there were no warrants issued with the latest raise. Why this is important is some later warrants had a ratchet clause, so if there were warrants issued at a different price, those with those specific warrants would have gotten notified.
This is from one of the filings...
Quote:
On April 9, 2019, the Company granted warrants to purchase a total of 6,869,084 shares of Common Stock as part of a public offering.
Simplest Explanation: The warrants issued during the uplist expire in a little over two weeks.
A.) Notification that they are expiring and your last change to exercise, which no one would as they are underwater
B.) A token tender offer to buy them back for a penny, ten cents, etc.
C.) An extension
Simplest Explanation: A
Although notice this says they already expired. I'll go with the filings.
Verb Technology Company Equity Warrant Exp 14 March 2024
VERBW:NASDAQ
https://www.cnbc.com/quotes/VERBW