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Re: Retireyoung2 post# 66981

Tuesday, 02/27/2018 8:29:25 AM

Tuesday, February 27, 2018 8:29:25 AM

Post# of 140477
I have listed the corresponding expiry dates next to each warrant issue series. The only ones close to expiry are the C class due 25-Mar-2018 which would bring in $6,5 million, 10% of the $65 million. The remainding are not due to late 2020. Not listed are warrants & stock options that are issued to Directors & Management which represents a few million as well.
$65 million injection from warrants!
C - Class: 5,2 million out (expire 25-Mar-2018). @ $1.25 is $6,5 million. F - Class: 7 million out (expire 16-Nov-2020). @ $1.60 is $11,2 million. G - Class: 11,2 million out (expire 17-Feb-2021). @ $1.00 is $13,3 million. H - Class: 13,2 million out (expire 31-Mar-2021). @ $1.20 is $20,1 million. I - Class: 19,1 million out (expire 20-Sep-2021). @ $0.75 is $14,2 million. So there is more than enough just sitting there waiting for the shares to start heading north while striking each level on the way up. How do you achieve this, provide guidance to the market that this is your vision to fund the remaining $50 million. This will eliminate the uncertainty created by past equity issues that frustrated the market. These outstanding warrants which have been criticized in the past could actually be turned into a positive path to SPORT commercialisation.