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Re: IBB-99 post# 129906

Monday, 01/09/2023 2:23:12 PM

Monday, January 09, 2023 2:23:12 PM

Post# of 209772
Looks like he exercised employee stock options to buy 31K shares at .73 and immediately sold them at 7.08. That is net proceeds of $217K.

He then exercised 125,000 warrants at .98 (total cost $122K).

To me that looks like he put $95K in his pocket (before tax).

Let me rephrase my question - do you happen to know what the expiry date of the warrants is/was? This clearly was not an open market purchase. If the warrants were expiring soon it may have been a move forced by the calendar, not any change of opinion regarding corporate developments.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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