Replies to post #18149 on Synaptogenix Inc (SNPX)

[VividC]

Does anybody how the warrant conversion process works? Ultimately SNPX needs to register the new shares and I suspect report those?

[VividC]

I tend to disagree, they need to put 300k shares in the market every month when the price is around 10 USD. Its a lot for a small cap. Neither do I agree its good for shareholders. I guess they had no choice but it would have been far better if we would not have this brake on the price and they issued more shares at high valuation. The upside is I think that SNPX knows this and they need to get achievements asap or look at another funding round. I also suspect they have some self interest that these warrants have value - I dont have a problem with that, makes them work harder to generate shareholder value.