So they don’t have to raise the AS before? The company could have more outstanding warrants than they have shares available? That just doesn’t seem right.
Ridiculous, the company already said they've been working on reducing debt. The warrants are probably the first on the list since the CFO stated on the last podcast no toxic debt has been converted since the end of 2019.
Absurd they will need to raise the OS. Not to mention what funder would lend non toxic money if they thought the AS was going up.
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