KTOVW (KTOVW)

[ash111]

Since many asking about Warrants via social networks, here some information I posted before:
KTOV/KTOVW Warrants can offer significant gains to an investor. If commons are trading $20 those Warrants will be trading at least $16.22 (20-3.78 ), 8.5 times investment return (at least, depends on remaining days till expiration date,could get an additional Premium) vs 5 times+ investment return if you own commons.
you can trade them like commons thats the beauty.
There should be a greater premium on warrants. 4 year exercise price (November 2020). That's a long time. B&S has a value of between 1.77-2.86 base on volatility 50-100% and current commons price:

https://www.mystockoptions.com/black-scholes.cfm?ticker=&s=4&x=3.78&t=4.1&r=3%25&v=100%25&calculate=Calculate

Will be better to Treat Warrants like a regular stock instead of exercising for several reasons: 

1. Fees and lock-up period if you exercise. 

2. Warrants not “in the money”. if warrants will not get a premium this might continue in the future as well

3. The warrants exercisable at 3.78, Expired 4 years out on 11/19/2020 and i find no reason to exercise them the upcoming year (even if "on the Money") due KIT-302 gonna hit the market in 2017 as represented by the company. there is also a Potential takeover target by Pfizer or another big Pharma before. all imo.

if you ask me, there is no chance of fully diluted the coming years, even not 50% imo, but even w/fully diluted(warrants) cap is still a joke relating a few hundred millions(sales) annually per experts. Fully diluted it's still only about a double current market cap and change company with 20m+ in cash.  Market Cap, Cash, sales prediction and Highlights can be found on KTOV board (sticky KTOV September 13th DD ).There is never 100% guarantee w/any stock but risk/reward ratio here, one of the most impressive I have seen.