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Re: barnstormer post# 420

Monday, 01/18/2021 5:39:48 PM

Monday, January 18, 2021 5:39:48 PM

Post# of 608
So I read through it once again. Make that my 10 1/3 time lol. So what I'm gathering. Is each warrant is worth .5 shares with the right to purchase .1 shares at current price. Idk why they did all this mumbo jumbo like this, other than to keep stupid people from making a bunch of money. Lol or maybe there is another reason idk. But anyways what i can say is this forces conversions to be in multiples of 5 considering they cant be excersided as fractional shares. Also makes it to when you convert at a higher price you have to pay that extra 10% to convert. Kind of puts pressure on people holding for long periods of time.once the share price gets so hi. Idk 100%. Those are my educated thoughts. I'm done looking at it... I am completely open to objections or opinions. Tbh I dont plan on converting anytime soon. I'll sell the warrants when shes running hot and the premium is well above the water. Goodluck my fellow peckers.