Oasis Petroleum Inc. (OAS)

[Trader959]

The warrants will generally be issued (if they actually do issue them. a lot could happen yet.) at lesser value than the current value of the stock. A) simply by determined price of the warrant. B) by face value of the stock on the designated day that the warrants are issued.

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!!