GraphitePencil
:
The holder of the July issued Warrants is choosing to exercise at the agreed upon price of 3.23. While technically this is dilution, those shares were earmarked so this isn’t creating new shares that in the float. Hard to say how this will impact the price but I can’t help but notice this seems to happen right at momentum. Warrants being exercised is usually bullish in the long term but it depends on what’s done with the shares that were exercised in the short term. NFA
GraphitePencil : The holder of the July issued Warrants is choosing to exercise at the agreed upon price of 3.23. While technically this is dilution, those shares were earmarked so this isn’t creating new shares that in the float. Hard to say how this will impact the price but I can’t help but notice this seems to happen right at momentum. Warrants being exercised is usually bullish in the long term but it depends on what’s done with the shares that were exercised in the short term. NFA
102858656 : Company has fresh monies to expand, investors locked in for future gains, everything is good.
tomb414 OP : Thanks for the info. Well it looks like it's getting a good response so far. So this has nothing to do with the dividend?
GraphitePencil tomb414 OP : No