Phunware Inc (PHUN)

[candeloro]

A happy easter to you as well.
Family and friends come way before money and business!

And to mae it clear:
I do not directly blame representatives of PHUN.
You have been taken advantage of as have been the retail investors.
The problem is only for the professionals you will have to recover the trust.


And I agree with you on T+2

But for the sake of argument, what would have been different for the retail investor.

The price per share lets say 26 US$ would have gone up or down a bit depending maybe on the whole market.
Then 2 days later when legally without question T+2 would have been honored selling would have started in the same amount as shorting.
So for the retail investors the path down to the break even point of the cashless exercised warrant holders (around 4.50 - 5.50 US$?) would have been the same.

The selling could not have been prevented.