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Re: Nick119 post# 367783

Wednesday, 04/07/2021 5:41:02 PM

Wednesday, April 07, 2021 5:41:02 PM

Post# of 709943
Hey Nick, In my case and I assume for all other warrant holders, warrant exercise is a positive. A few years ago, I purchased treasury stock from the company and received 100% warrants exercisable at $.07 over my purchase price .If I choose to exercise, that means that I believe the share price will continue to rise.At 100% warrants I'm paying $.07 over what I paid for my initial shares. The money goes straight to the company and everybody's happy.. My warrants are not permitted a "cashless" exercise as are many of the warrants issued over the last 4 years meaning that the company needs the money and hopes you'll exercise. All good, isn't it. Most bigtime guys love that deal which represents a twofer !!! ANDF I can tell ya right now, none of us bought this stock hoping for a $.30ultimate share price. All this talk about dilution is BS!!! The number of warrants compared to the total float is minuscule. Cheers,BB
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