Saturday, July 08, 2017 5:28:51 PM
Buy some JB&ZJMY shares. Dad goes home from work one day excited, we have 1000 company shares. Next day, comes home, depressed... 20 shares now, they reverse split on us. LOL.
I would not be surprised if the stock warrants were actually like stock options I had in my company. Had to be in by a certain date the stock share plan started. The initial cost per share was set by the deadline date the employees had to be in on. Company gave us a 10% discount upfront as well. They had a strike price on them at a expiration date 2 years later. If stock price was above the option strike price in 2 years we could exercise them and buy a specific number of shares initially agreed upon at the original share plan price, which was set in Year 0.
For example, strike price set at 1.5$/share for 1000 shares set to expire at end of Year 2, original cost 1$ per share for the set and agreed number of shares in Year 0.
Price Per Share (PPS) goes to 2$/share in 2 years (End of Year 2), then you can exercise your options to buy the initial 1000 shares at 1$/share. Then you could sell your 1000 shares immediately and double your money, or sell or hold as you so choose.
If the share price ended up under the option strike price at the end of the second year, you could just take your investment out with no loss (no gain either obviously).
Payment for our company stock options came out monthly, automatically from my paycheck.
Could be same system for JB&ZJMY employees warrant share pricing. They expire July 17th. To me this could be the deadline for the employees to get in on for the .10 and .15/ share warrants. They could be exercised on for a specific period of time, say 6 months or a year, or whatever the time period set by the company as the expiration date on the warrants. That's why they would be a deal imo. Employees could buy the agreed upon number of shares at the warrant price of 10 and 15 cents at the expiration date of the warrants, which may be set a year from now.
Maybe its set up differently, but that would make sense to me.
Note: one stock option typically represents 100 shares. I left that out for simplicity.
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