I think the overhang is due to the previous financing deals SQUM did prior to Biometric Investors coming on board in April. I believe some of the investors in that group received warrants in addition to the common issued at .21 which has now become unrestricted as the 12 month period has come to expiration.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.