GeoVax Labs Inc (GOVX)

[Trend-Setter]

Looking like supply outweighs demand. Wonder if Sabby exercised their warrants?

"Pursuant to the Certificate of Designation which authorized the Series D Convertible Preferred Stock, the Preferred Shares may be converted at any time at the option of the Purchasers into shares of our Common Stock at a conversion price of $0.015 per share (the “Conversion Price”). The Certificate of Designation contains price adjustment provisions, which may, under certain circumstances, (i) reduce the Conversion Price on several future dates, including the effective date of the registration statement to be filed to cover resale of the Conversion Shares, according to a formula based on the then-current market price for our common stock"

https://ih.advfn.com/p.php?pid=nmona&article=74538850