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Re: ARobinson post# 343375

Monday, 03/25/2024 3:13:48 PM

Monday, March 25, 2024 3:13:48 PM

Post# of 343829
SRNW and FORW are joined at the hip. As long as FORW holds unexpired SRNW warrants, the pps will follow that of SRNW. As of January the ratio appears to be as follows: For every $0.17 that SRNW rises or falls, FORW moved a penny. The ratio is based on historic data and could change due to external factors plus the two warrant's respective expiration dates.

All that said...
I'm guessing that the S-1 has been approved. There's no reason for it not to. GS is probably waiting on an approval deadline to either close a deal or continue negotiating. The basis for my guess was basically taken from the same playbook for GVSI where GS set a date and allowed for an extension. The difference being this time is that he's working this deal behind the scenes to avoid a calamity similar to March 15. Just as a guess, maybe that date in question is March 31 or April 1. Knowing GS's cynical humor, I'd take the latter for April Fool's Day.

JMHO