Re: Warrants, options, units, shares

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jque

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Re: Warrants, options, units, shares

in response to

Warrants, options, units, shares

Hollydurg

posted on Apr 17, 2018 03:00PM

Hollydurg,

While I also think the warrants were priced low it does not give the purchaser a share for 3.5 cents, it gives the purchaser the right to buy a share for 75 cents during the next 24 months.

That's how i understand it anyway. At least the 75 cents was priced above the market price when the financing closed.