Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: Warrants/options numbers adjusted
18
Nov 14, 2015 04:06AM

Thanks for this Timeline Rainer. It is very useful.

But something don't add up.

From q2 2015:

Stock Options and Warrants As of June 30, 2015 and August 7, 2015, the Company had 15,483,119 and 14,543,119 respectively, warrants and compensation warrants outstanding to purchase common shares at exercise prices ranging from CAD $0.22 – $1.00 .

From q3 2015:

Stock Options and Warrants As of September 30, 2015 and November 10, 2015, there were respectively, 8,770,733 and 8,369,232 outstanding warrants and compensation warrants to purchase common shares at exercise prices ranging from CAD $0.23 – $1.00 Total stock options outstanding as at September 30, 2015 and November 10, 2015, were 28,453,000 and 27,560,000 priced between CAD $0.23 and $1.99 per common share.

So 6.7 millions warrants are missing.

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