RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Awesome Zoom meeting Help me understand this Ex and Probey... (Only asking Probey cause I hear he's a teacher)
Does this mean someone(s) will have the option to buy 6,554,172 shares at 13 cents on March 24 ($852,042.36)
And sell them at market right after if they choose to? (40 cents = $2,621,668.80) making them $1.77 Million richer? (If market price stays at 40 cents)
Doesn't this mean there are going to be 6,554,172 extra shares registered against the company thus meaning every share currently held by investors would theoretically be worth LESS if the Market Cap (which should refelct the companies true market value) stays the same?
Who's entitled to those 13 cent shares? Can I have some?
Not bashin' just asking how this works and asking you guys to correct me if im wrong about this.