Jun. 24 at 1:04 AM
$PAVM i guess the question comes down to do investors know what they are doing or are they blindly investing without looking at the valuation and reality. The past seems to indicate the investors who control the stock think more about the end valuation amd are more clued than one might think. The most obvious evidence is that when there were just 1M shares outstanding. Pavm didn't trade at
$31+ when lucd was
$1+. I assume this is becaused clued investors knew they had a lot of toxic debt and would need to dillute the heck out of shareholders.
That brings us back to the 4.61M. Management has stated on no uncertain terms that draft + stock >
$6.50 means they will force the conversion of warrants. If this happens, the only logical thing to do is to value the company with the 4.61M shares even if the process has not been fully completed.
