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Microcap & Penny Stocks : Stateside's Canadian Microcap Board

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To: ogi who wrote (1542)	4/1/2016 4:01:02 AM
From: Dave@SI	Read Replies (1) of 1728

ogi, as I read pg 20 of the MD&A, the .35 strike is the date-triggered strike change for the approx 1m ordinary warrants that (together with a share) are the product of exercising a Compensation warrant (strike 18c), not the "main" 13m warrants which are fixed strike. So, combined, there are 13m @ 25c and 1m @ 18c that could be exercised, and then another 1m resultant warrants at 35c. And there are 6+m Options that are still ITM. I have a watch on the tmx's Venture (only) Market Cap info page for BCT. There has been no recent change to the Issued count (84.7m), but neither has the incorrect Escrow amount (54.5) count been updated, see link

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