Replies to post #606 on HopTo Inc. (HPTO)

[greasemonkeyshoes]

From 8-k.........
"Also during the first three months of 2018, we continued our discussions with certain shareholders regarding liquidated damages that are potentially due to them as a result of delays in filing registration statements. On March 27, 2018, we entered a non-binding term sheet for a cashless settlement of those liquidated damages through an exchange of warrants that does not result in any net additional warrants outstanding. While there is no guarantee that this transaction will close, we expect to complete it in the next 45 days.”

ps-Material impact when the delay filings were corrected??Again,I must be out of my mind.

[qi]

It could be my english that is not that good or i really interpreted it differently.
I read that they have warrants outstanding exercisable at on average 2.3$. Since the stock is that low, the warrants will not be excercised. (so they have the right to buy those stocks at 2.3$, but that would be a silly thing to do now).