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Bullboard - Stock Discussion Forum VIDWRX INC SMDWF

"VidWRX Inc is engaged in developing and operating cloud-based video content production platforms and video production series targeting the business and news markets across North America."

GREY:SMDWF - Post Discussion

VIDWRX INC > the warrants
View:
Post by Realhumanbean95 on May 04, 2016 8:00am

the warrants

exercible at five cents per share for 5 years from the issuance. they must think thats the range this stock will be valued in the next 5 years?
Comment by newbie888 on May 04, 2016 8:26am
Isn't the term ONE year not five? Also aren't these types of deals made where the exercisable price is significantly less than what they expect the market value to be?
Comment by jerseyman2 on May 04, 2016 8:42am
No .... the Warrants are the " perk " ...... in order to get the money required to settle the Loan, the Financing had to have a good incentive for the money to be secured. It's a very good " option " and as the s/p moves through .05 then certain Parties will convert into stock, and thus cash up the Company as it recovers. Now we simply want to see how their Business has ...more  
Comment by retired2007 on May 04, 2016 8:56am
Jerseyman2 i agree with you! For me warrants means nothing to me as i have no warrants, but alot of common stock. So yes i'm anxious to see how our Business has been doing the past few months! An update is needed now so we could get the share price moving upward again!!!
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