GREY:STTYF - Post by User
Comment by
wordlesson Oct 30, 2012 4:22pm
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Post# 20541324
RE: RE: RE: RE: RE: Paradigm sold 500,000 warrants
RE: RE: RE: RE: RE: Paradigm sold 500,000 warrants .....warrants for .005
I would like to invest.....but I just don't understand how it works
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The warrants are a total gamble. The expire in 2 months and are exercisable at $0.70 - Therefore if the price isn't above $0.70 you lose your money (Unless they extend the warrant life).
I own 30,000 shares, but I bought the warrants casue they are only $0.005 and Nolan has been on the PR machine lately (more news to come maybe??). I could get lucky but most likely the warrants will expire worthless.