Monday, September 28, 2020 8:37:04 AM
In short — these shares are not just slapped onto our float immediately with warrants being exercised; GEM can trade those shares into the float in accordance with the rules of the agreement, however much they’re allowed to “leak out” , how often, etc. So we can’t just say “this is why we closed at X on Friday,” as much as we’d love to make this as formulaic as possible....
Anyway, it seems to me that GEM wants to stick around with a large % stake and watch RLFTF go “seed to sale,” so to speak.... and likely get bought by a BIG Pharma Cowboy. This is my thinking & the reason why I’ll keep collecting.
IMHO !!!! Hope that helps... always learning myself
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