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CPTMatt

08/11/16 2:25 PM

#32643 RE: dr_airtime #32642

GPM.V

61,525,357 +
125,000 .28 Options (Nov '16 exp) +
1,575,000 .10 Options (Feb '17 exp) +
125,000 .10 Options (Jun '17 exp) +
500,000 .115 Options (Sep '20 exp) +
3,000,000 .28 Warrants (May '17 exp) +
28,333,333 .15 warrants
95,183,690 FD share count vs investor section of their site shows 99,862,190, so maybe there's something I missed, or they double-counted

Those are all in the money so should be considered part of the FD count.

Does it change your investment thesis about the company being cheap if their drill results hit good grade? No, not really. But that's a pretty substantial number of shares that are going to appear next month. In any event it ought to increase the liquidity of the stock.