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Re: ducruacuteo11 post# 8486

Thursday, 08/25/2016 1:19:44 PM

Thursday, August 25, 2016 1:19:44 PM

Post# of 43713
my logic (other than the expiration issue)..flawed as it may be...

Stock price will have to increase to around $1.45 by expiration to get the warrants 20 cents of intrinsic value . That would get you exactly where you are today...20 cents net warrant price ($1.45) with no time value

If the stock does increase by 95 cents that 3500 shares is worth $5075 (3500 x $1.45) instead of $1800 (9000 x 0.20)

..and...now covered in case it takes until November of 2018 to get there...warrants = zero...stock as above
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