Jun. 2 at 11:18 PM
$SBFM VWAP for the 24million outstanding warrants, acquired for free for buying into the 16M share offering is set at lowest VWAP 5 days before and after the RS with a floor of 0.25$ (pre split)
Why do you think we’re hovering around these prices.
VWAP has already hit around 2.39$ in those trading days.
That means all those warrants will be exercisable at 2.50$ each but they might also double them to 48M (a known sbfm tactic, the wording is in the filings)
Buy at 2.50$ sell at 2.80$ doesn’t sound like much but when you have 24M thats 7.2Million $$$ in a quick flip.
They also own a huge % of the OS, which makes legal manipulation possible. Same players from the 2024 event, all in 13G filings.
If all this comes to play, expect another RS 😅
You can make money following the warrants and RS, but dont feed the machine, at least thats my take.
