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Re: halldorson post# 1071

Tuesday, 05/31/2016 10:06:31 PM

Tuesday, May 31, 2016 10:06:31 PM

Post# of 1309
The warrant is confusing...your 20,000 warrants is really just 2500 due to a 1 for 8 reverse split last year......(each warrant represents 1/8 sh)....which should mean the strike price for the warrant should be 8 times .50 or 4.00 till June 30....which is why the warrant is so cheap....if you hold the warrants after June 30 the strike price for each warrant becomes 8 times 1.50 or $12 till 2018....I'm not 100% sure of this ....the more I try to understand these warrants the more I seem to come to the conclusion that you might as well buy the stock...