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Message: Re: Acceleration Clause.
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May 06, 2024 04:10PM
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May 06, 2024 06:10PM

Thank you for yoyr thoughts. I am just trying to wrap my head around the warrants. I am trying to understand why we wouldn't get 100% consent.

My understanding is that the higher the strike price of the warrant, the better off for management. Therefore, if management sees fit, they could revise the ammendment. 

So if I'm not mistaken, the longer the consent drags out, the more risk for warrant strike price to be revised higher as is the SP momentum as of late. With the recent financing, the value of the remaining warrants are not as critical as they once were back in March. 

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