SiNtx Technologies Inc (SINT)

[boston745]

CL Sonny already exercised his warrant thats why he has 56k shares.

Madg claimed that shareholders dont have the capital to buy into a rights offering, yet shareholders includes mgmt & executives which does have sufficient capital.

Will our directors and executive officers participate in the Rights Offering?

 
To the extent they hold common stock as of the Record Date, our directors and executive officers will be entitled to participate in the Rights Offering on the same terms and conditions applicable to other Rights holders. While none of our directors or executive officers has entered into any binding commitment or agreement to exercise Subscription Rights received in the Rights Offering, all of our directors and executive officers have indicated an interest in participating in the offering

Again why the change in S1? How can they raise 2.5x current market cap from a public offering?
Also worth noting they no longer plan to apply so their warrants can trade on the exchanges.