Algernon Pharmaceuticals Inc. C.AGN

need help understanding warrants ??

[talisman47]

Previously on other posts I have said i don't have a good undertsanding of how warrants work and what it means to the company. Chris happened to briefly mention the outstanding warrants in his BioPub  interview today. The following is their May 2020 news release regarding those warrants. In simple terms can someone tell me what it means? For example , once stock is over .35 would investors want to start converting their warrants? Overall it looks like an opportunity forthe company to raise 6M if they were excercised.  Also, if by some great news the stock could go to $1 for 10 days they could reset warrants to 30 days from that date??

Look forward to some feedback, Thanks

https://www.stockwatch.com/News/Item?bid=Z-C%3AAGN-2900542&symbol=AGN&region=C

[Bradwait]

C.AGN | 12 days ago VANCOUVER, British Columbia, Jan. 22, 2021 (GLOBE NEWSWIRE) -- Algernon Pharmaceuticals Inc. (CSE: AGN) (FRANKFURT: AGW) (OTCQB: AGNPF) (the “Company” or “Algernon”) a clinical stage pharmaceutical development company is pleased to provide a final summary of the common share purchase warrants of the Company (the “November Warrants”), that were issued on November 1

[talisman47]

this news was for the warrants already excercised ? I talking about 17M warrants not excercised yet...

[TheBearInTheWoods]

Warrants are as toxic as they come, most investors sell common stock to pay for the warrant. The average shareholder gets diluted to nothing. Don't forget AGN is 180 million shares outstanding and need another raise to pay for all the "Pay for interview" pumps and advertising! What a waste. Also News today EDSA received government funding for a Canadian therapeutic. That makes only

[AGNPFer]

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[TheBearInTheWoods]

I know you need a break down, let me give you a try! 1. drive the stock to .56 2. Short the stock 3. offer .40 PP 4. fill PP at .35 with warrant (Collect 8% Commision) 5. Run stock to .45 6. Sell your shares to retail  7. let market sell off  8. exercise warrants 9. run stock back to .40 10. Sell shares(Warrants) to Retial Rinse and Repeat IMHO , welcome to the CSE. The faster you

[AGNPFer]

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[AGNPFer]

This post has been removed in accordance with Community Policy