Wednesday, March 09, 2016 1:03:06 AM
According to the latest Definitive proxy table, with the 10,000-20,000 split (not counting the 1:70 split) there would've been 5.6mil - 2.8mil shares respectively in warrants outstanding, in comparison to 9,400 - 4,600 shares of common stock outstanding...that's insane! The jumbo RS is scheduled for a vote in 9 trading days, and I'm pretty sure unless they win the lottery or perform a miracle, they're more than likely going for it. So, whatever gains I would be looking to lock in, I'd be doing so within this time frame, since 20% of warrants being converted is not as bad as 100%, and because later I'd likely either get crushed by the 10k/20k split, or the 100% warrant conversions.
I'd revisit in a few months, after the mayhem has subsided, and after the warrants have nearly all converted, and there's positive news on the horizon...maybe uplisting back to Nasdaq, then I can take advantage of the forward momo, but unfortunately currently there's overwhelming negative pressure that would foreshadow any sort of positives, like financial factors or anything else.
JMO-GLTY
Recent HCMC News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/19/2024 09:30:38 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 09/12/2024 08:20:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 03:36:18 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 06:55:50 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 07/29/2024 05:35:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/24/2024 09:23:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 01:30:07 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 09:01:10 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/23/2024 09:05:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 02:06:56 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:54:19 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 11/03/2023 09:30:49 PM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM