RE:RE:RE:Just asking for numbers.Here's how the math works, I think.
Let's say you are accredited investor and have 50k free
First if you wanted to buy 200,000 shares at 0.25, not sure that would be doable. Your order would not be filled at 0.25. There is not enough on the ask. Looking at 2nd order orders at moment, buying 200k shares at market would fill the ask all the way to 0.34.
If you do take the 50k and buy 167k of shares and get 167k of warrants at 0.45 then you are not in the money until prices goes above 0.5. At that point you are further ahead than spending 50k on simple shares at 0.25 (if you can get them)
When the price reaches, 1dollar per share, the PP deal gets you a profit of around 100k over what you would be getting for simple shares on the market.
If this were a highly liquid stock you could argue why not buy buy at 0.25 but there is not big orders to be had.
So, for some, PP is a deal but only if the price goes above 0.5. Which I think is doable.