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Phivida Holdings Inc. PHVAF

Phivida is a premier brand of cannabidiol ('CBD')-infused functional foods, beverages and clinical products that is poised for global distribution.


OTCQX:PHVAF - Post by User

Comment by VENManon Jan 16, 2018 4:32pm
861 Views
Post# 27371439

RE:7,187,500 more shares to be free trading by Feb. 11th

RE:7,187,500 more shares to be free trading by Feb. 11thIf these warrants get excercised it will add $5.4 million to assets or .07 cents pershare to book value. Currently at $1.65 you are paying 6.1 times book value but after the warrants are excercised you are only paying 4.8 times book value at $1.65. Currently the market is paying 6.1 times book value, with a 7 cent increase to book value due to the warrants being excercised, if the market continues to pay 6.1 times book value like it is currently then VIDA trades at $2.08. ALL IMO!  
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