0
0
No products in the cart.
When warrants come with a time period where they cannot be exercised, the date that they can exercise is not entirely inconsequential. Hedge Funds like Armistice are in it for the quickest, largest gains they can get-as all hedge funds are. So they are very interested in seeing that price get to .70 so they can exercise. .70 per share goes to the company, anything over that goes to Armistice —pending details in the filings, there may be some special deal they have going on these, worth a visit to www.SEC.gov.