RE:RE:RE:RE:Any idea why the new warrants are priced Those aren't the same warrants, those are warrants used to pay for services and aren't bought or sold on the open market. The warrant revaluation you see in our quarterlies is simply a caluclation of the outstanding warrants that haven't been exercised used to pay for services, specifically to LIND, and it's because as long as they aren't exercised the debt is technically not paid and will count as a debt on our balance sheets. Again it's lame but we're stuck with it. The WT and WS warrant prices are decided by you, me and the open market.
brad129 wrote: lithlover posted a good post on the warrant side of things, we've seen them in the quarterly reports being re-evaluated my question is they can re-evaluate them lower but if the share price rises do they re-evaluate them up?
InvrsContrarian wrote: Ok corrected here for the ws warrants. Each Warrant is exercisable to purchase one Common Share at any time prior to December 4, 2023 at a price of $1.10 per Common Share. There's your answer as to why the warrants are price higher. In actual fact: at wt.0.07x8=0.56+0.72=1.28 Ws. 0.18+1.10=1.28 So someone got a bargain first thing this morning when they sold for 0.16