![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, March 13, 2017 10:18:11 PM
Hope everyone has enjoyed the ride to-date. Much grattitude to Sunny, as I would not be here without his alert a couple weeks back.
Wanted to ask a genuine question w/respect to the WARRANTS that exist here. I know the company has been taking measures recently to divest of non-core assets and pay off toxic debt. That said, I was hoping someone could please clarify my understanding in relation to the March 1 8-K. Mentions that "The purchase price of one share of common stock of the Company, par value $0.0001 per share, (the “Common Stock”) under this Warrant shall be equal to the Exercise Price", with the exercise price being defined as essentially the Fixed price, which means $0.04, subject to adjustment as provided herein.
Impact on dilution? Genuine question here, from someone who hasn't sold a penny since $0.018. $0.04 is obviously lower than the current share price, but not all that familar with warrants and their execution.
Thanks, and best regards,
'Neuf.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM