Re: Regarding the share consolidation (reverse split)
in response to
by
posted on
Feb 13, 2021 07:11AM
Turr: We might be at about 2 bucks now if those warrants weren't in the plans and the share price held down to accommodate same.
Rainer: "Or we might me down to 0.01 because we can’t pay our expenses anymore. If you want to blame something or someone, blame the disastrous 2016 capital raise."
Rainer, you think we might be down to .01 if we didn't do that last warrant raise ????
As Baba said. "This last PP was a reward, I said it right up front. Removing the warrant or making the Unit price .95 would have been great, but apparently a bigger gift was "warranted." But the cash raised did help the Company, so it was not a one way street."
And I have no problem with that line of thought. But .01 .
Rainer,....gimme a break, please?