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Friday, 04/28/2023 10:44:55 AM

Friday, April 28, 2023 10:44:55 AM

Post# of 43854
Doc, I think no one is willing to give them more then 1.70 till they can prove they have the goods to a regulatory body.
But here's my take on share impact.

As of today the website says they have 43,760,000 shares outstanding give or take a few 100k.
The new offering adds 794,117.
So were at 44,554,117 outstanding as far as I can ascertain.
The last 10Q said they have 1,103,070 outstanding warrants and options (excluding employee options).
So were at 45,657,187 total outstanding after this is done.
Possible add'l shares could be added based on the buyers prerogative.

This is an extremely low share count for any company. Seems lower then I've seen in the past due to warrant / option expirations.
In my opinion, this sale has very little impact on the company as a whole, since nothing has really changed, stock wise.
I'm jumping on the new price to add more, because IF they can just file a BLA or whatever Canada calls them, the stock should go back up nicely.
But man that is a BIG IF.

If my numbers are off, please feel free to jump in. I'm just a lowly coder.
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