SurgePays Inc (SURG)

[StockItOut]

Great explantion, yet I understand this already about the basics of warrants.

My question posed, you did not address.

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As to your other post asking "what on earth..." read my past posts, like this one:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166817291

And...

Cox used to own True Wireless.
He violated federal Lifeline regulations, was arrested and indicted, given a free pass with the case dropped for lack of DOJ wanting to review hours and hours and hours of recorded evidence, but Court ordered Cox to never run or manage True Wireless again, yet Cox was permitted to retain ownership of True Wireless.
Cox already as mngt of KSIX Media became CEO of KSIX Media.
He then had KSIX Media acquire True Wireless, changed its KSIX Media name to Surge Holdings, Inc, and issued Cox bukoo Preferred and common shares of $SURG to Cox in exchange for Surge Holdings' new subsidiary ownership of True Wireless.
True Wireless then lost and continued to lose all its revenues over the coming months and years.
Surge Holdings changed name to SurgePays Inc.
SurgePays Inc. just sold True Wireless for $10.00, without its liabilities that SurgePays retained.
And, Brian Cox just converted his SURG Preferred C shares into $14 Million worth of $SURG, that he exchanged for True Wireless, that just sold for $10 bucks.

Not a bad return over three years, $14M, for a True Wireless company worth negative, $10.00 sales price also counting its debt and liabilities.

Also, there continues more than one legal suit against SurgePays and against Brian Cox in specific relation to True Wireless defautls and Oklahoma regulation violations.