And generally warrants aren't issued on a 1 to 1 basis. i.e. if you get face value it "might" end of being a 1:50 value..........not an exact axample but view the warrant like a r/s. On the chance that it would uplist to Nasdaq you would use your warrant to buy stocks of the company.
However.........just for explanation........say the uplist opened a $4 price. If the warrants were issued at face value.........of say .50 cents pps. In 4 years if the price never got down to .50 or below you warrant would be worthless and expire. That's a ruff explanation anyway.
So......yes, if you bought stocks with the Q on them after delisting you have OTC stocks.............
Honeslty I hope the best for everyone.......but the reality is this situation is never usually good for shareholders. Instead of a huge r/s we essentially get warrants and vaseline......'
GLTA!!
My comments and posts are my opinion only. I make no claims, nor represent any stock, trading tool or secret, etc. Each and every individual trader is responsible for their own trades and needs to make their own decisions. Best of Luck!
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