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Re: Jeterman1 post# 81588

Thursday, 03/07/2019 12:44:42 PM

Thursday, March 07, 2019 12:44:42 PM

Post# of 100423
It all depends on who the warrants are issued to and what BLDV would do with the money.
If they have serious investors as they claim and the investors have confidence in their plan one option might be to issue 500,000,000 warrants at $.003 ea. that would raise $1,500,000.00.

BLDV could then repurchase shares possibly at an average price of .0008; that would retire 1 billion shares for a cost of $800,000.00 and BLVD would still have $700,000 to use for their operations.

Again this all depends on the investors that they say are lined up. Providing the new managements plan is a good one, if the price goes to .01 or more then the investors stand to make a lot of money if they convert the warrants to stock.

Of course the amount, price and conversion of the warrant is what is the tricky part of the negotiation.