Tuesday, February 25, 2020 7:16:16 AM
If people were ever going to do anything with them, now would seem to be the time.
While I do expect it would cause problems if someone had many warrants, since exercising them would cost a bit of money; one could exercise one warrant, get the common shares, and then get a copy of the financials. Then you could see what value the common shares had and if exercising more warrants made sense or not.
My concern, without being able to look at the financial statements, is that the common trades more like an option than equity, making it look like the debt has all of the value in the company.
Louis J. Desy Jr.
Recent HYMC News
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