Fresh Tracks Therapeutics Inc V.BBI

Warrants undervalued .045 - 07 cents vs current .025

[MilitaryMan]

Reminder 09 Jan 19  prices vs 13 Dec 19  

PIPE Warrants	9-Jan-19	13-Dec-19
Exercise 19 May 21 @ $3.00
PIPE Share Price	$2.35	$1.50	$1.50
PIPE. WT Price	0.11	0.025	0.07
	$0.0468	$0.0167	$0.0467
Warrants undervalued by .045 cents at moment?

Black scholes says .04 at moment vs .025

https://www.mystockoptions.com/black-scholes.cfm?ticker=&s=1.2&x=3&t=1.5&r=3%25&v=100%25&calculate=Calculate
Black-Scholes Calculator
To calculate a basic Black-Scholes value for your stock options, fill in the fields below. The data and results will not be saved and do not feed the tools on this website. Remember that the actual monetary value of vested stock options is the difference between the market price and your exercise price.

To learn more about the the Black-Scholes method of valuing employee stock options, see our Valuation & Expensing section.

Black-Scholes Value:	0.408
Stock Price: (in USD)		(ex. 31.55)
Exercise Price: (in USD)		(ex. 22.75)
Time to maturity: (in years)		(ex. 3.5)
Annual risk-free interest rate		(ex. 5%)
Annualized volatility		(ex. 50%)