SNEY could take warrants that expire and give them to an investor. The overall share count would not go up and we could have the money to process tons of material
How can you give someone expired warrants. Why would any investor want a warrant that has expired and is worth 0 dollars.
You are right the overall share count will not go up since the expired warrant is worthless and cannot be used to gain shares.
Also in regards to:
You have to ask yourself why go to such lengths to get current?
There is no ask. The company flat out stated why.
We expect to have the Caveat Emptor status removed as soon as this Quarterly report is filed. Upon removal of the Caveat Emptor status, it is anticipated that the increased liquidity potential for our investors will have a positive impact on our ability to raise additional capital from private placements and future warrant exercises, however, there can be no guarantee that this will be so as we currently do not have any outstanding firm commitments to purchase our equity and equity linked instruments.
SNEY has no processing equipment as of March 31st and needs another round of Private Placement shares to purchase it.
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