The last 10-Q, under Note 4, shows 529,667 warrants exercised last quarter at an average price of $0.33. I doubt they were traded all at once, or even by a single shareholder. Does anyone have any fact based knowledge of how, or if, those trades might effect a market trading much higher?
My question is whether the downward slide of the PPS that is currently being experienced is due solely to selling pressure, or could below market exercising of warrants also contribute?
Tia
Thin