RE:RE:RE:Warrants thanks for that info but I'm pretty sure they can't sell a half warrant so the $1.10 would be for a full warrant, am I correct? At .06 plus exercise price of .09 currently so $1.2 vs $1.1 on the new offering. So if i could buy the new ones at .01-.02 each I would do better, that's what I'm trying to figure out
LithLover wrote:
I would be very careful with the warrants. according to the prospectus the warrants are being offered as 1/2 warrants per share purchased not full warrants on the 2nd offering.
The current warrants don't have a lot of volume so they are not easy to trade. The other warrants couod be even less liquid. This means you could be stuck selling for less if you need to sell
Unless you plan to hold to $3 or higher you would be better off in shares. Warrants are also non voting and could be adjusted by the company. As well in the case of a buyout you would need to have the funds to exercise them.
Look at today only $12k in warrants traded today to drop the price -8% Warrant trading is much more volitile and there is no guarantee the volume will be there when u might need to sell.
if you don't know much about warrants or plan to hold for multiple dollars stick to the shares.
skiboard09 wrote: I'd be curious what ppl think as well ?