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InVivo Therapeutics Holdings Corp. Message Board

  • mix.jack mix.jack May 3, 2013 7:14 AM Flag

    Today's news release

    Trying to understand... Either scenario is good news and leads to the up-listing. It sounds like a minority of warrant holders chose the exchange option? And do the company has gotten a nice influx of cash and will be receiving more cash as well? Are they calling all and canceling the ones exchanged (Bryan?)? Sounds like it achieves the same ultimate goal to get them off the books and the company winds up with a whole lot of working cash! Did I understand this right? The only downside is extremely temporary in that the pps may drop slightly for a couple weeks, again if I understand, or it may not because the company is valued much higher which would counteract shares sold lower. I admit confusion. Anybody want to explain??

    Sentiment: Strong Buy

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    • Ignore extraneous word "do". This was typed on an iPhone. Hard to proofread.
      Anyway both scenarios the exercise and call & exercise vs the conversions were winning. This sounded like it is all or nothing, so those who chose to convert to new warrants are canceled? Was that right? But both ways lead to up listing. So this is very good news. Again anybody want to explain better?

      Sentiment: Strong Buy

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