Atlas Lithium Corp (ATLX)

[Therealbrucewayne]

for the CA fund and WF Funds is $250,000,


The Warberg CA Fund’s investment objective is to achieve superior risk-adjusted absolute returns, primarily by utilizing a convertible arbitrage strategy. Convertible arbitrage strategies involve purchasing convertible securities, generally convertible bonds and convertible preferred stock, and hedging a portion of the equity, credit, interest rate and/or volatility risk inherent in these securities. Convertible securities are often mispriced as a result of the complexities associated with the valuation of these hybrid securities. By neutralizing exposure to fairly priced components of convertible securities, it is possible to profit from perceived mispricings of other components. For example, the adviser intends to generate profits by isolating the embedded call option of convertible bonds by shorting the underlying common stock and/or buying credit derivatives or entering into assets swaps. Additionally, the Warberg CA Fund intends to extract profits from the mispriced credit risk of issuers of high yield convertible bonds by taking a long position in such bonds while shorting the common stock.


Guys, do you think this is the type of fund strategy BMIX entered with Warberg?