Ignoring facts as in you not coming back with any proof on the conversions you claim that will be under 25 cents- and the warrants you claim will be under 50 cents.
reminder-Interest Conversion Shares are issued and delivered if such delivery is after the Interest Payment Date and only on interest portions
FUTU-a tiny company that has roughly 10.1 shares outstanding and warrants at 50 cents and has around 1.4 mil in assets under 200k in liabilities and on pace for approx. 4.6 million revenues.
lets say If Future Healthcare converts all those shares they will have around 2.5 million in assets and 200k in liabilities with under 15 million shares- if they go past 50 cents most will be happy and we could then see some warrants converted as they continue to build this company likely they wouldn't be converted unless in the neighborhood of 60,70,80 cents
Not seeing the value in a company under 10.2 million shares with a market cap under around 1.7 million with almost 1.5 assets and 200k in liabilities? really?
Likely the 1 million dollars will be use to grow venues via acquisitions- so they raise money with use of some shares isn't that what almost any penny play needs to do early stages? Should a bank just give them 1 million dollars and pat them on the back and say good luck? they gave FUTU very favorable terms
FUTU will be at 50 cents quickly and the financings just done were in no way an ugly toxic deal