RE:private placement filled
well they paid .50 for the warrants so now they can buy as many shares as possible at .30 cents so then when they exercise the warrants at $1-$1.50 so that now turns there shares from .30 cents to $1 thats 70% gain and and the warrants for $1 that's a 50% gain from .50 purchase so they are looking at a 120% gain once they exercise warrants... make sense?