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Re: MMMQA post# 1619

Wednesday, 05/16/2018 1:16:51 PM

Wednesday, May 16, 2018 1:16:51 PM

Post# of 1690
All of these posts are baseless and, although I am a moderator and they violate the terms of service, I will let Administration deal with them.

In the interim, ELECW is down an additional 32.2% in today's session alone.

The 10Q report and subsequent 8K filings indicated precisely what would happen. This was all public information. The warrants will have a zero value.
That's not to say that this won't bounce on the way down to zero but the odds of a substantial bounce without a catalyst, is looking less likely.

The 10Q and 8k reports addressed the risk of the Warrens having a zero value if the company liquidated and it went through West shareholder Redemption by June 5th.

According to the emails received from Morrows Sodali, the company has elected to not have a special meeting to grant the extension. Under those circumstances, these warrants will slowly degrade and have a zero value.

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