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Re: zturk post# 71770

Thursday, 12/06/2018 11:26:39 AM

Thursday, December 06, 2018 11:26:39 AM

Post# of 172321
I don't think they will let this fall to .0001 before enacting the 1:10,000 R/S.

I am of the opinion it would occur closer to the .001 level, mainly because they need it to be around $5.00 - $10.00 per share post R/S in order for Sabby to have enough of a buffer to exercise all of it's warrants.

Waiting to .0001 would only give them a $1.00 share price and not enough room to sell everything off before dropping below the $.30 (or whatever exact number it is) warrant price.
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