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Re: TenKay post# 107694

Wednesday, 02/09/2022 7:28:41 PM

Wednesday, February 09, 2022 7:28:41 PM

Post# of 122646
As I said, Zacks meant intrinsic value, or they meant at expiration when the time value is zero so intrinsic value then equals the actual value of the warrant. Zacks could have worded that better.

I'm not sure why you didn't answer my question as it really cuts to the crux of the issue. Would you buy the hypothetical aforementioned warrants from Humbl for $10...or would you deem the untradeable warrants as having no value whatsoever since they're out of the money?

Again, hypothetical offer:
Humbl's stock price is at $0.16.
Humbl offers you 125,000,000 warrants
Cannot be sold or traded
$0.20 strike price.
December 2022 expiration
Total cost for all of the warrants is only $10.

Do you take the offer (you see value in the warrants) or do you decline the offer (you see zero value in the warrants)?
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