Worlds Inc (WDDD)

[madprophet]

Okay, maybe someone can answer this for me. See if I get this right.

RS lowers the share count, then they will issue new shares for exercise of warrants? So basically 50 mil, plus those new shares.
Am I right so far?
The exercise of warrants will that be at the price they have stated .025 or will that be adjusted to reflect the 5-1 RS.

Kidrin's options also are they the option price now, or will that change with the RS to reflect the 5-1?

Maybe I just don't understand, or I am missing something.

Because if that is the way it works, then the warrant holders just got 5 times their money basically, and so did Thom. So dilute raise the share count during all of the early court proceedings, then as they get close to the finish line do a 5-1 RS to bring the share count back down, then exercise the options and warrants and get 5 times their money basically?
That is if the options and warrants don't reflect the 5-1 RS.

Somebody tell me I am wrong, that I have no clue what I am talking about and back it up with some facts or links or similar situations. AT the moment if this is the case, I am highly annoyed...
HIGHLY ANNOYED
SO it is devalue everyone else's shares, and increase the value of the warrant holder and Thom's options/warrants/shares???