Hey guys it takes about 10 days to exercise a warrant
into common shares..you must inform your broker, he puts in instructions with his clearing frim which then notifies the company, Who then notifies the transfer agent who does whatever they need to do. They then transfer the stock back to clearing firm of your broker and when he sees it in your account will notify you that you can then sell! In my experience whenever I called my broker the process has took between 1 and 3 weeks!
Someone on this board mentioned criteria that the company had for calling warrants before they expire. Is it true that the company could do this and if so is there an SEC filing that addresses this issue? Thanks
So imo there is no way anyone has sold shares yet that are attached to these warrants. If they call the warrant it will force everyone to do it at the same time..I am just telling you that we may be able to get MDGN cheaper. I think this company is a big winner.