GREY:CHALF - Post by User
Comment by
TheRealCanaDudeon Jan 26, 2022 3:21pm
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Post# 34363740
RE:RE:Insiders & warrant holders lined their pockets w your money
RE:RE:Insiders & warrant holders lined their pockets w your money he doesn't have any balance sheet or proof because all this guy knows is slander and bashing.
Youngcheddar wrote: News flash, the same math applies to warrants when a share consolidation occurs....using your math, a 5 cent exercise price = $1.15 per share post consolidation. $1,27 post would equal $0.055 pre. Big pocket lining....NOT.
Once they were excercised, guess what, if these people sold, they would have lost money based on how the entire cannabis market has traded..
Since you clearly don't know how to analyse this, you probably also don't know how a warrant exercise works. Warrant holder exercises say 100,000 warrants at your stated $0.05. That equates to $5,000. Guess where that money goes? To the treasury of the company. That means these warrant holders IF they exercised, did somethingj you don't do....They put real money into the company which then benefits...you guessed it, us the shareholders.
Warrant exercises if they happened would have to be reflected on the balance sheet of the company and in the disclosures as they are exercised. This is a fact.
Can you show any kind of balance sheet analysis that demonstrates a significant amount of warrant exercises in 2021?