Long-vestor; I don't see your point regarding the ~$2.5m
I interpret the disclosure of the warrant conversion as the following:
Investor holds unconverted warrants that are severely out of the money on the depreciation of the stock from ~$.20 cents to the current share price of ~$.04 cents.
The company yesterday repriced the warrants conversion price and converted them to 62.5m shares of common stock that can be sold immediately by the investor. This may have been a previously negotiated clause in the assignment contract or simply a favor to a preferred investor. ?? I have no inside information on the specific transaction but the investor was immensely fortunate in either instance.
Mind you that sophisticated investors seldom if ever exercise mis-priced warrants on a depreciating stock because they are liable for capital gains based on the conversion date and as the stock depreciates the investor is not only taking a loss on the share price but is responsible "out of pocket" on the virtual "gain" locked into the conversion date.
That in no way adds $2.5m to Fuse Science balance sheet.
Again, I don't see your point about your question of "What about the $2.5m Fuse Science added today?"
If the investor feels the stock will appreciate then it will be an astute conversion. On the other hand the investor may simply be looking to cash out ASAP.
Market Data 
Markets 
AI
