GREY:NEVDQ - Post by User
Comment by
westcoast1000on Nov 12, 2021 3:53pm
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Post# 34121394
RE:RE:HELP - ASSISTANCE NEEDED!
RE:RE:HELP - ASSISTANCE NEEDED!patchh.
Your comments about the taxable value of the Jan warrants reflect what is in the financial summary, but you are confusing some people including me.
Today, it seems likely the share price will not exceed 2.00 by the end of January, 2022 , and so the warrants will then expire worthless, but it is not impossible the share price will exceed 2.00. The company made accounting moves regarding the value of those warrants, and that is it.
As for the July warrants, no one knows what will happen with the share price by then. The share price would have to be close to $3 for their to be an active market in the warrants, or to make it worthwhile to redeem them to buy shares. All true. But no one knows if those warrants will have value. Moreover that warrant series is much smaller than the January set.