RE:STZ Warrants @$50 No, you're not the only one and you're absolutely right. Why and for what should STZ spend 7 billion (140 Mio x $50 per share) ???
That would have completely misrepresented everything and would have been money wasted.
The alternative of keeping the number of shares lower by not exercising is certainly better and can perhaps bring about a smaller RS or avoid it !?
As you can see from Charlie007's post, Biosteel obviously still has very high debts.
Just good that DK & team were able to sell them at a profit.
We will see GLTA
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