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ducruacuteo11

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ducruacuteo11

Re: Foxwoods Man post# 6917

Thursday, 03/19/2015 6:38:51 PM

Thursday, March 19, 2015 6:38:51 PM

Post# of 43716
So I have a question for you about the warrants. Let us say in 3 years plus and the share price is at $10.00. The warrant will be worth $8.75 and change and I don't want to sell them but want to convert them into stocks at $1.25 each. If I have 100,000 warrants, all I have to do is pay CVM $125K and I would have 100,000 shares value at $1M worth, right? Or, I can just sell enough warrants that total to $125K and convert the rest to stocks. Am I on the right track?
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