Is all 12M tradeable come Monday, or is only the first 6M tradeable and the following 6M tradeable as of whatever day the option was taken?
As for what Bensondog had to say about Abattis running out of money I'm fairly certain the opposite is true. They recently cancelled a private placement valued rather significantly above their current valuation because they currently have more money on their sheet than they can resonably figure out what to do with. This is likely because they are sititng on money ready to go into action the moment they get their license.
That license, btw, despite what some seem to believe, is actually a big deal to their business model. According to Mike (in that last webcast interview) profitability currently hinges on their grow license and 300 patients. The controlled substabce license for extracts is in the short term not worth much (long-term potentially huge), and as he put it, the testing lab will be a revenue source, but not a particularly significant one. It will, again, be short-term not much but long-term fantastic for testing extract / pill purposes.
It's a crying shame investors have been this impatient. Look back 8 short weeks ago (short weeks. pun, get it?) and our SP was fantastic. Determined longs on this board would remind you that Abattis is as good as ever, and this is likely true, but the climate has changed significantly and it's no surprise to see previous longs seriously doubting their position.
Let's just hope Mike is right about the grow license coming up shortly. Once we get that we'll all be back in the green.
