InvestorsHub Logo
Followers 33
Posts 2042
Boards Moderated 0
Alias Born 11/06/2011

Re: scottsmith post# 3216

Friday, 05/25/2018 12:00:17 PM

Friday, May 25, 2018 12:00:17 PM

Post# of 3443
HERE is the Form 4 showing that increase. They exercised warrants at $.47/share. Are they confident? I would still say yes but they did get to acquire shares at steep discount via their warrants.The warrants would have expired on May 7, 2018 had they not exercised them so it makes every bit of sense in the world that they did. In the end they own 18% of the outstanding shares. If that doesn't say confidence I don't know what does.

Friends don't let friends place market orders