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Re: Tradernick5 post# 7635

Sunday, 12/15/2019 12:08:57 PM

Sunday, December 15, 2019 12:08:57 PM

Post# of 19488
Common shares and warrants

I got 101 warrants but there is no way to exercise them at the moment. Officaially, while there is the expected exercise price of $8.40 per warrant, there is nothing offical.

I hold one common as direct registration with the transfer agent and the other 141 shares in a broker account under a 'street name'. (Shares held at a broker account are all usually all pooled together and registered under the broker; this type of registration is called a 'street name registration'.

The one thing I find complexing is that I can't figure out how or why these shares are coming from. I expect it has to be some of the pre reorg bond holders that were issued shares and must be selling the shares to take the loss on 2019 taxes; otherwise I can't see why anyone would sell shares in such unusual lot sizes. Also am not sure how I am even able to place an order and get it filled. The first time it happened I was confused as to what I was seeing and it took a few weeks that I even noticed HYCT in my positions list.

Louis J. Desy Jr.
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