“I am merely stating that not all have been warrants “
Fine. But there is no basis to suggest that they “can’t” all be the warrants. There is no math that precludes it. And as I have always stated, there is no regulatory basis for it to be any component of the Pref B so it has to be the warrants (unless there is some other source of free trading stock). And I have addressed each of the points you have made about why they would be allowed to have the legends removed before Feb 26, because they can’t. So I won’t re-hash them. We can agree to disagree.
As for the inventory turns, that has nothing to do with the question of where the unrestricted stock is coming from…so unless you can clarify what the connection is to the question of the source of the unrestricted stock…it’s a moot point as far as I am concerned. As for what other point you might be making in that…you’ll have to clarify.
And yes…84 million means that HMBL has received in the vicinity of $21 million in cash for the exercised warrants.
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