Healthier Choices Mgmt Corp (HCMC)

[ChuckBits]

For more insanity: The warrants split as well, but the Black-Scholes value increases by the same factor. Also, the b/s value is dynamic & has crept up from $76 ish to $86 ish. So, at 20k to 1, since shares round up, if you own less than 20,000 warrants, even if you hold "10" warrants, you will have "1" post split. But the value of that 1 warrant will be $1,736,000! Granted there will only be 50 warrants in total remaining.

Due to the rounding & the previous split, the total value of the warrants will be HIGHER than what it was at the start, despite billions of shares already issued!

And, I think most warrant holders (or at least those who can't short OTC stocks) were/are screwed along with shareholders. When you elect to exercise, you get the pps from "2 days prior", plus it takes a few days. So with a falling pps, you can be down 50,60,70% by the time you get your shares. For the most part, this is an equal opportunity screwing.