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Re: None

Wednesday, 02/06/2019 9:13:51 PM

Wednesday, February 06, 2019 9:13:51 PM

Post# of 7743
A few questions for those who are 'in the know' and, being members of the Invictus inner sanctum, have access to getting questions answered:

Have you read the warrant and option agreements that have already been, and keep getting established by the company? Will the pps terms of the agreements rise in proportion to the 5x terms of the forthcoming reverse split?

I ask because I'm wondering if we are to expect a flood of warrant conversions, approx 15 million, and option calls, approx 3 million, after the split. That will be great for the company's bottom line, no doubt, but will, I'm guessing, drop the pps below NASDAQ requirements if so. My hope is that the company already has RS provisions written into their agreements, but I don't know at the present moment. Perhaps somebody knows the answer already before I have to dig deeper.

It would be a shame to see pps climb to $4 after the split, only to witness 3+ days of drastic selloffs due to conversions, there being no provision in place. It has happened in the past with other companies, so I am not saying it couldn't with Invictus. I don't want to read forthcoming good news that the company made 30 million due to the conversions, but doubled the OS in the process, and will have to do a second RS to get pps back up to NASDAQ requirements. Oops, their bad if so, lol!