TO exchange 2 warrants + 80 cents for 3 shares.
Post# of 148320
(Total Views: 379)
Posted On: 08/29/2019 6:14:56 PM
TO exchange 2 warrants + 80 cents for 3 shares.
FS assigned 0c for the warrants, so 26c a shares.
offering today,
80c gets you 2 shares at 40c+ 1 warrant exercises at 45c.
FS assigned 14 cents for these warrants, yielding 33c per share
You can't have it both ways, assigning 0 for warrants for the TO but 14c today for a warrant.
If you assign 14c per warrant for the TO, you get (80+28)/3 = 36c per share for TO, not 26c.
FS assigned 0c for the warrants, so 26c a shares.
offering today,
80c gets you 2 shares at 40c+ 1 warrant exercises at 45c.
FS assigned 14 cents for these warrants, yielding 33c per share
You can't have it both ways, assigning 0 for warrants for the TO but 14c today for a warrant.
If you assign 14c per warrant for the TO, you get (80+28)/3 = 36c per share for TO, not 26c.
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