RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Insider Transactions Reported this Week
invest2profit wrote: A basher who doesn't know the difference between an option and a warrant, thinks warrants are "FREE SHARES", and can't understand that a director selling shares to put $180K back into the company and own 1.8M shares is a good thing...
Yeah I don't think he is convincing anyone lol. Just put him on ignore.
Cmon invest2
you are twisting words to raise a smokescreen to deflect the fact the company insiders are net selling in this case
The record reflects that he has had both
Your math doesn’t add up-he sold shares to raise 180,000 and doesn’t have the full 1.8 million from the warrants
Nice try
If the discussion of options and warrants is confusing some see below
For those who want the details:
‘A stock warrant gives the holder the right to purchase a company's stock at a specific price and at a specific date. A stock warrant is issued directly by the company concerned; when an investor exercises a stock warrant, the shares that fulfill the obligation are not received from another investor but directly from the company. A stock option, on the other hand, is a contract between two people that gives the holder the right, but not the obligation, to buy or sell outstanding stocks at a specific price and at a specific date. “
https://www.investopedia.com/ask/answers/08/stock-option-warrant.aspm
And as a promoter, you should have been happy I mentioned options rather than noting that insiders also exercised warrants- which are dilutive-and worse for shareholders
‘Unlike options, warrants are dilutive. When an investor exercises their warrant, they receive newly issued stock, rather than already-outstanding stock. Warrants tend to have much longer periods between issue and expiration than options, of years rather than months.’
https://www.investopedia.com/ask/answers/08/stock-option-warrant.asp