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Alias Born | 11/26/2014 |
Wednesday, January 01, 2020 10:46:04 PM
1. They have been and will continue to short sell as many shares as they can. The likelihood of approval is low and no approval this goes to .10 or less. If approval, they use 75 cent warrants to cover the shares they sold.
2. If approved, they will continue to short sell as many shares as possible and then cover at 75 cents for a huge profit. Approval Will lead to huge pps increase but odds are 5 percent or less.
I told penna, odidi, patient that the warrants are bad for the company. Last offering the warrants were an absolute joke. Now the guys that burned ipci to the ground will have profit again on these ridiculous warrants. And they wonder why they can't book an offering...
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