InvestorsHub Logo
Followers 0
Posts 8
Boards Moderated 0
Alias Born 09/25/2016

Re: frequent1 post# 82169

Tuesday, 02/19/2019 2:26:09 PM

Tuesday, February 19, 2019 2:26:09 PM

Post# of 140482
I was also wondering about this (as per an earlier post of mine) .... I know others here have suggested as much, but in the fall of 2016 Titan issued just over 19 million "I" warrants with a strike price of $0.75. The most recent warrant schedule shows there are now approximately 636,000 "I" warrants outstanding (i.e. 19,000,000 divided by 30), with a strike price of $22.50 (i.e. $0.75 x 30). As such, hasn't the 30-1 consolidation already been adjusted/accounted for? And if so, why would any further adjustment be required if and when those warrants were ever exercised?