The author argues SGN warrants will be cancelled if the price doesn't reach $0.68 by January 20, avoiding dilution and making the stock a 'rocket'.
Unpriced research observations (excluded from Calls and Returns):
SGN — LONG The author claims that if SGN's price doesn't reach $0.68 by January 20, 14.7 million warrants and corresponding shares will be cancelled, avoiding dilution. The market is currently being dumped due to fears of 29 million shares dilution, but the author believes this won't happen. The author sees this as a 'fork' where either outcome benefits holders. resolved_asset_type_mismatch
If the price doesn't reach $0.68 by January 20th, the warrants and, accordingly, the 14.7 million shares will be cancelled.