I think you meant “shut” off, but you’re absolutely right. Warrant execution now, plus continued positive PRs, milestones met, and no further “new” dilution, and this stock should be a money making machine, literally. Financing is for sure the main concern / overhang on this stock, as David and co have been executing flawlessly behind the scenes with the development of SPORT and discussions with regulatory folks (US and Europe).
USD warrant execution figures based on today’s conversion and dollars that can be raised:
$3.20 - $24M
$4.53- $3.6M
$7.92- $10.3M
$9.05- $1.2M
$13.58- $20.8M
The more we can sustain this momentum, the more the momentum should build with news of the above warrants being exercised and the company having the finances available to get SPORT to market.
If, and it’s a BIG IF, we can get the above warrant money as we near design freeze / regulatory submission, no further “new” dilution would be needed. There is more warrant money then available between $17-$36, which would be more than enough to sustain us through commercialization.
Total warrant money available today from all of the above is approximately $110M.