RE:The warrants wont be excercised for quite some time Don't know if I am correct or not, but the warrants allow you to buy one share for .25 cents correct?
They are good until 2025 I think. So you are paying a preminum over the cost of a share hoping to see it hit a dollar?
Why not just buy the share for 10 cents cheaper?
1000 Shares at .27 = $270, price goes to $1.00 1000 shares at 1.00 = $1000 Profit 1000-270= 730
1000 Warrants at .12 = $120 plus cost to exercise 1000 x .25= 250, total $370 Profit 1000-370= 630
I fully understand the reason for using warrants to gamble for a winning stock price, but long term, I think this is a solid stock play worth investing in