Sunray3 Quote
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The other group (45 million warrants) consists of certified investors, small funds, etc..who hold warrants they've acquired via Paulson.
These folks paid cash up front for their warrants and like us are longs with an interest in share price appreciation.
I agree this non-Paulson affiliated $0.306 group isn't likely to exercise their warrants with the share price only a few cents above the strike as it is now, and they are longs with skin in the game like us...but it must be said they're a varied group, and when they are going to exercise depends on their goals, whether short or longer-term.
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I don’t think that you understand how the warrants are acquired - people did not specifically pay for the warrants - per the SEC filings, the investors bought shares, typically at a discount to the market price, and they receive warrants at a strike price that was higher than the price they purchased the shares at. The investors did not pay anything extra for the warrants.
These investors want the price to be well above the strike price before they pay to exercise or else they simply wait until the warrants are about to expire before they decide what to do - if they are in the money then they exercise them but if the stock price is below the warrant strike price, they let them expire.
Until you understand the CYDY warrant situation, you should stop making accusations of people or that organizations who have warrants.
All IMO
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The other group (45 million warrants) consists of certified investors, small funds, etc..who hold warrants they've acquired via Paulson.
These folks paid cash up front for their warrants and like us are longs with an interest in share price appreciation.
I agree this non-Paulson affiliated $0.306 group isn't likely to exercise their warrants with the share price only a few cents above the strike as it is now, and they are longs with skin in the game like us...but it must be said they're a varied group, and when they are going to exercise depends on their goals, whether short or longer-term.
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I don’t think that you understand how the warrants are acquired - people did not specifically pay for the warrants - per the SEC filings, the investors bought shares, typically at a discount to the market price, and they receive warrants at a strike price that was higher than the price they purchased the shares at. The investors did not pay anything extra for the warrants.
These investors want the price to be well above the strike price before they pay to exercise or else they simply wait until the warrants are about to expire before they decide what to do - if they are in the money then they exercise them but if the stock price is below the warrant strike price, they let them expire.
Until you understand the CYDY warrant situation, you should stop making accusations of people or that organizations who have warrants.
All IMO
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