@RealRobReinhart Well, these schools are soft babies if this even has any truth to it. Nothing he did had any impact on any integrity of the sport, didn’t fix or influence any outcome or performances. And sure, why penalize hundreds of other athletes from Tech.
@87_trades They can exercise at any time, the stock price does not have to be at $1.71 or higher. It can be at $1 and they can still exercise/purchase the shares for $1.71.
@fyre6073@87_trades Yeah, becoming more and more probable for a R/S in the future to become compliant, attract larger investors with higher share price, and sell shares/warrants at a higher prices. Still hoping this won’t be the case.
@87_trades If a good company with a promising future product, there will be no problems getting investors and cash through FDA approval to any production, to anything else needed without any toxic dilution and maintaining a stock price.
@87_trades Institution can let them expire, and Adagio receives no additional cash which they need. They will then have to get cash for shares from somewhere or a modified/new deal. But we will see if they exercise and buy more shares for cash at $1.71.
@pumparooTM@87_trades Definitely. Didn’t think it would drop below 0.90 but unpredictable market.
We’ll see what happens. If they run it off nothing or some other catalyst. Or not run it at all.