InvestorsHub Logo
Followers 140
Posts 8069
Boards Moderated 1
Alias Born 08/29/2011

Re: None

Friday, 11/12/2021 11:00:30 AM

Friday, November 12, 2021 11:00:30 AM

Post# of 82695
Re reading the PR and got a question.

It says they are purchasing 20.7 mil shares of GMER and warrants up to 20.7mil at .15c.

Am I correct that this means they are guaranteed $3.1 mil for exchange of 20.7 mil shares and the institutional investors can purchase up to an additional 20.7 mil shares at 15c and cannot sell them for less than .20c but are able to sell immediately assuming the price is > 20c.


So a total of $3.1 and up to a total of $6.2 mil for 41.4mil shares total?


Can someone smarter than me clarify?



My posts are my opinions and nothing else. Read them and analyze at your own discretion.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GMER News