Jun. 26 at 3:54 PM
$FMTO I see in the SVUHF lawsuit with Sabby(who happen to be warrant holders here) that Sabby tried to change the "cashless exercise" from 2 shares per warrant to 13.7 shares per warrant and were called out and now seem to heading to trial and imo will have to pay damages, as imo again, they just straight up lied to try get more shares.
I wonder if they did the same thing here(as there is a 3:1 cashless exercise option) and management is allowing some insane readjustment and thus there are many more possible shares outstanding? Would be pretty shitty if so...