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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Lifeist Wellness Inc. is a Canada-based health-tech company. The Company leverages advancements in science and technology to develop innovative products to support human wellness and transform lives. The Company's key asset is its United States biosciences subsidiary Mikra Cellular Sciences Inc. (Mikra), a biosciences and consumer wellness company focused on developing and selling products. Mikra's products consists of Focus, Protect, Serenity, and CELLF.


TSXV:LFST - Post by User

Bullboard Posts
Comment by marvelmakeron Oct 30, 2018 6:56am
134 Views
Post# 28892541

RE:.17 difference in Warrant price

RE:.17 difference in Warrant priceDon't give up on the old warrants.  It is really time to buy them, because they are at a discount.  Keep in mind that exercise price is fixed at $3.15

So your cost is whatever you paid for them when exercising.

Simple example:

I buy $10,000 warrants at today's price of $.70 (rounded up).  It cost me $7000 plus commissions.

Stock price goes to $6.00 and keeps afloat thabove there for two weeks, these warrants are early expired (or accelerated expired).

Let's say the N.WT is still discounted and trailing the stock price by aound $1.30 - so around $4.70

My cost to exercise each N.WT  is $3.15 + $.70 = $3.85 - so I spend another $31500 to exercisr them.  My total cost for 10000 Namaste shares is now $31500 + $7000 + commissions - total $38500

So now I have 10,000 Namaste shares trading above $6 that are worth at least $60,000

You can sell them now at a discount or hold them later.  My own strategy is to sell a portion (enough to pay the execise price) and use that to convert the remaining.  I am still ahead.
Bullboard Posts