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Message: Re: 3 strike warrants
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Sep 30, 2020 10:40AM
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Sep 30, 2020 10:48AM
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Sep 30, 2020 11:29AM
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Sep 30, 2020 11:41AM
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Sep 30, 2020 11:58AM

Here's what today's NR would have said in straight talk:

Hey, guys, sorry, we got a bit giddy with the Sanan news, we do think it's a great deal, but end of September was a bit silly on our part.  We should listen to that guy Baba on the board more.  As for the warrants, well, we really would like to see those holders do well with them, but Mika had to cash a lot of capital with the Board of Directors just to get them extended till November (he wanted to go longer, if you can believe it).

It's obvious to us at this point that merely finalizing Sanan won't be enough to put those warrants in the money.  But, if certain other things turn out like we hope, maybe some additional news will do the trick.  We hope we don't see any more posts like, "well management is basically guaranteeing that the price will be over $0.75 by mid-November."  Those posts were kinda cute a few months ago (maybe we even hoped that first warrant extension would be so interpreted), but after what's gone down since then, well, we should all take a deep breath."

And I'm okay with all of it!

3
Sep 30, 2020 01:30PM
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Sep 30, 2020 01:41PM
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