Replies to post #5922 on Cel Sci Corporation (CVM)

[learning curve]

There is a lot of capital raising going on around here.

Most recently (and a reason I felt $1.00 was within reach), series M warrants may or may not have been exercised- http://www.sec.gov/Archives/edgar/data/725363/000100487814000097/prosuppseriesmwarnts3-14.txt

(I can't copy and paste from the 10Q for some reason so I'll paraphrase)

From 10Q: In Feb 2011 ; 600K series M warrants had exercise pps $6.00. In November 2011 ; 600K series M warrants reduced to $3.40. In Oct 2013 600K series M reduced to 500K and pps reduced to $1.00. As of Decemeber 31, 2013 500K series M remain outstanding.

The above filing link gives me belief that they were exercised and a sell down into any market demand or lack there of...


Couple of side notes:
(hard to be sure with all the finance activities here); I believe there is about $4M left for raising via previous S filings.
The trading dictated my selling the other day. The selling of news was just way too obvious.
And in regard to your point:

The warrants are immediately exercisable, expire October 17, 2014 and have an exercise price of $1.58.

I couldn't agree more. This offering was made Friday after hours and was closed by the following Monday (almost zero market time). I know they didn't publish it was closed until a few days; but I am certain it was closed.

Glad to have you insight here...
Take care