UAN Cultural & Creative Co., Ltd (Warrants) (fka GHBAW)

[Hanibal]

From schedule 14A filed on August 2, 2010:

Effects on Reverse Stock Split on Warrants

The number of shares of Common Stock subject to outstanding warrants and stock options issued by the Company will be reduced by the same ratio as the reduction in the outstanding shares of Common Stock resulting from the Reverse Stock Split. The number of shares of underlying stock warrants and stock options will be reduced by a factor of 10. Under the terms of the warrants and stock options, and assuming, a 1-for-10 Reverse Stock Split, the number of shares covered by each outstanding warrant and stock option will be reduced to one-tenth the number currently covered and the exercise price will be increased by ten times the current exercise price.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7385600


From 10K, November 2009:
Each Class W Warrant is exercisable for one share of common stock. Except as set forth below, the Class W Warrants entitle the holder to purchase shares at $5.00, subject to adjustment in certain circumstances through March 7, 2011.

The latest 10Q, November 2010:
Each Class W warrant entitles the registered holder to purchase one share of our Common Stock at a price of $50 per share



So according to this, the reverse split has affected the warrants as well.
There is no mention of the price. Just the number of purchasable shares and the exercise price.