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Friday, March 16, 2018 1:41:00 PM
1. If anyone here thinks a company in need of cash doesnt speak to it warrant holders about exercising well I can't help you.
2. These warrants were not widely held and in the hands of retail, they were in the hands of those who have helped finance the company / close to mgmt - thus the ability to have such conversations about exercising
3. Anyone with a basic level of corporate finance level can ascertain, the exercise was done as a result of discussions with Kidrin, is it just coincidence they exercised when the company needed cash? really? wow
4. Kidrin has CHOSEN not to sell the mrmd stake and had the warrant holders exercise to finance the company instead
5. Therefore, when one says they can sell the mrmd stake - evidence points to kidrin diluting instead repeatedly
FACTS
good day
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