Worlds Inc (WDDD)

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The warrants are issued at the rs number of shares like every other shareholder.

What most here cant seem to grasp is that the Worlds did not choose when to rs, they had to in order to legally honor the warrant terms which were called-by the warrant holders, who happened to find the IPR and appeal so all shareholders can participate on the upside.

The outstanding remains at 250 mil the authorized is what gets reversed so there are enough reversed ratio shares to issue the warrant holders. Anyone who has read the Q’s knew that thid was factored as an eventuality into the price.

BTW the rs has the effect of blowing out the worthless flippers and penny traders who now have to wear big boy pants if they want to manipulate the sp with some serious skin in the game.