PINL:GRPOF - Post by User
Post by
Stocknewbie2017on Feb 10, 2018 12:53pm
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Post# 27538835
Warrants anwser
Warrants anwserYes, they upsized the amount to 10m share at $1 each and each share has a warrant at 1.30. And the warrant is good for 36 months however if SP is at a certain level and for a period of time, the warrant will expire if they don’t excerised. Lets assume at 1.5$ for 7 days. Most stock when they do a PP, their SP will drop to the level of the PP price until it closed. And once it closes, you can see a .50% increase in SP. This is because the broker is trying to lower SP during the negotiations process. Once it closed, they will start moving the SP up to make profits. If you are reading this and want to buy. This is the best time to buy. You won’t regret it