Tattooed Chef Inc (TTCFQ)

[dinogreeves]

I hold both of them for long term, I own VT*IQ as well, I also owned VTIO*W and the same applies to FMCI and FMCIW, these two warrants are very rare. You should call your broker and have them explain to you or simply Google them.

The strike price is 11.50 dollars. They created the warrants for employees who can't afford to pay for the ordinary shares or for some early investors. Let just say you have 10,000 warrants, when the ordinary shares hit 11.50, the company can call you ask you if you want to convert to shares, in this case with FMCI and FMCIW, you can convert your one warrant for one ordinary ordinary share, so when the company asks you if you want to convert them, hypothetical situation, lets say the ordinary shares at some point reach 20 dollars within the next 2 weeks and the warrants are 8 dollars, you can buy the ordinary shares and pay 3.50 dollars for each ordinary share, but look at this, you just converted your warrants to ordinary shares and you are up instantly 80%, so your shares are now worth 20 dollars. These two warrants are the best in the industry right now, rarest of the rarest. Hope it helps. You trade them you lose. These warrants are for keeps and to convert when you time it perfectly.