Quote:
Originally Posted by blkgsr
so correct me if i'm wrong, but they are offering shares at a price lower than the current market price? or how do these warrant's work?
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$1.5 gives each person 1 share AND 1/2 a warrant.
Said holder needs 2 shares to be able to execute warrant @ $1.75.
For $4.75, the person is getting 3 shares (if they execute warrant) or $3 for 2 shares.