SurgePays Inc (SURG)

[StockItOut]

My question was based upon your comparison of warrants priced at half the price of the SURG share price. Hence, in part, my question.

You originally stated, "Warrants priced at twice the current PPS."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166836681

As you keep explaining none the less, I'm not asking about mechanics of warrants.

I think you've since relayed the warrants 'price comparison multiple' to the share price is effectively meaningless.

My question has still not been addressed, as appears the modus operendi.

Seems to me if price of warrants keep dropping, ths is bearish, as fewer and fewer think $4.73 and SURG higher price will be obtained... That those free warrants are worth cashing out of now, to grab the additional free money given away upon the already soooo discounted financing deal. I image the original investors consider such as viable.
Seems to me I'd profit much better buying SurgSkank at $2.26 with expectation of $4.73 to come, than paying a premium in advance and in addition on top of that expectation for a share price rise to $4.73, while also losing out on the share price rise differential profit from $2.26 to $4.73. But you know that. LOL!
Sure, less money up front on the option of the warrant, but sellers are selling because they are bearish on that scenario.
Contrarians might take the long side as the warrants drop in price, but some risk here doing do of course as this (SurgeSkank USA) is a scam, and yet, as a scam also may and likely be manipulated. Risk to reward. Buying shares and not warrantsmp, based upon warrants price may work, or also may be too soon, as a SURG bottom does not appear in.
That is the kind of answer, I was looking for, whether in agreement or not, rather than nah nah nee nah BS.

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As to Cox paid himself. Preferred C shares are effectively worthless except for voting rights, until converted into common shares. The common shares can be exchanged for cash. Preferred C shares cannot.

Cox enriched himself handsomely, as he just transferred a 'worthless' Preferred C asset for $14 Million (worthless asset based on the sale price of True Wireless at paltry $10 minus its liabilities); the three years' transfer scenario of which I summarized previously.

Fully diluted SurgePays, as your focus, is irrelevant.