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Saturday, January 04, 2014 1:33:24 AM
On the other hand, SPIHF might also want to get rid of warrants since they are a liability, but they might not need to.
Liquid assets are important for uplisting and SPIHF keeping its cash is important for the same reason DSNY needs it (and is short liquid assets right now to uplist...even at $2) and why XXII has it, because of $7m from BT and is in a solid position to uplist.
ps. IMHO SPIHF has their hands full launching GlassWare and will be focused on doing its best job getting it out there...not diluting its time and energy in another "project" (acquisition) when they haven't finished their first and primary goal. Just good basic management execution.
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