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Re: Element41 post# 81471

Tuesday, 02/05/2019 8:52:59 AM

Tuesday, February 05, 2019 8:52:59 AM

Post# of 140474
ok well I have been going over some peoples math and it doesnt quantify. If you have a chance could you break down yours.

100k warrants at say basis 10 cents currently equats to 10k

Stock goes to 30 canadian.

the warrants are 30 -1 so if you did want to exercise you would pay ~75k. So your basis is 85k for 3300 shares at 22.50 cn, shares trades at 30$

7.5 dollars a share gain 7.5*3300= $24,750