InvestorsHub Logo
Followers 6
Posts 702
Boards Moderated 0
Alias Born 11/21/2013

Re: Madcowelixir post# 80649

Thursday, 10/14/2021 2:24:02 PM

Thursday, October 14, 2021 2:24:02 PM

Post# of 80868
One thing I'm unclear on with this scenario: how can the warrants be used to cover a squeeze? The PR notes specifically that they were issued as 'restricted warrants' - thus if converted, they would yield restricted shares. Given that the holding period for removing the legend doesn't start until consideration has been rendered, they would retain the restriction for at least 6 mos. after conversion.