Friday, February 09, 2018 6:37:25 PM
But if the warrant shares are exercised post-RS, that is deadly for WDDD PPS.
The RS puts WDDD at 50M shares. Another 35M shares equals 85M.
Current market cap is 17M.
You do the math. Roughly 50%. However that just takes us to the .035 range.
If the warrant shares are also split, I see no harm. The 35M shares were already included within the share price imo.
Absolutely deadly move by Kidrin depending on how this shakes out. Can't see how that would be possible though.
Would love for someone else to chime in.
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