Replies to post #17366 on Lexaria Bioscience Corp (LEXX)

[presley1000]

I'm pretty sure one of those PP funds is the short... and from the list, only Anson has the shares to cover.

http://thecse.com/sites/default/files/2017_03_30_Form_9_-_Amended_Notice_of_Completed_Private_Placement.pdf

They probably started shorting at a much higher point, and their profit is about 100k long shares, the 60 cent warrants, and whatever extra cash they milked above .42US.

So I just assume that the short amount is currently at zero (to be replaced by PP shares), making the net amount of the PP shares to be released around 3.3M shares, plus the warrants. 6 month mark is September 30th.

And I'm hoping for some great news in the next two weeks to put those shares in the money.