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@SushiThe shares may be registered, but (as yet)

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sab63090   Friday, 02/21/20 04:54:33 AM
Re: sushifishman post# 28857
Post # of 33544 
@Sushi

The shares may be registered, but (as yet) not exercised and we have seen this before, which is true.

Once they are exercised, Cel-Sci takes in the cash and those shares are added to the outstanding shares, correct? But, I think not until that exercise takes place....the sale will most probably then be announced as a completed event....cash will be taken in for the company upon exercise. The sale of those "registered shares" can take place right away.

Someone asked about whether the sale and exercise can take place on the same day and that is true...kind of like a Cashless Exercise of option grants given to senior corporate members in addition to RSU's for stock which is already on the corporate books...warrants can't be listed as already issued shares since they have not been exercised and sometimes they go to worthless which happened to me with some of the option grants I had with Morgan Stanley...they became worthless at that time...

My understanding is that until the warrants are exercised this is just a notice of potential sale of stock connected with the EXERCISE of the warrants....I believe the share count will go up, you say no?

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