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Scandle34

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Scandle34

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Re: Golden Cross post# 2053

Saturday, 06/27/2020 12:36:56 AM

Saturday, June 27, 2020 12:36:56 AM

Post# of 10930
As the CEO siad, they have $700MM so they have no reason whatsoever to call the warrants in the near future. However, it is up to a $250MM+/- cash on hand if they needed to rake in cash and if the mechanics of a cashless excersise are hard enough.

The company would rather see them expire than redeemed cashlessly (less dilution) and from what I have read can't prevent cashless exercise.

This is a non-story to drive down the price and cover. I personally think it is overpriced, but I'll sit on my warrants until it is more overpriced...
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