Koo,
For what it's worth, the $6 MM dollar convertible debenture can turn into more common shares
Most options have a strike price, believe it would be less expensive just to announce a future stock purchase at current price, then proceed to 50.1%. Most definitely the SP increases. To what, .08?
If this were to happen, we continue to be stockholders, maybe RVX stays in Calgary. Any chance of CEO and BoD remain unchanged. Again NIL. Does Hepa have to ability to fund a new P3?
If I were DM I would be concerned about Hepa. But what choices does DM have left in his bag of tricks. sidebar