InvestorsHub Logo
Followers 734
Posts 75494
Boards Moderated 0
Alias Born 01/01/2012

Re: ed7777777 post# 49909

Thursday, 05/19/2022 10:36:07 AM

Thursday, May 19, 2022 10:36:07 AM

Post# of 50866
Warrants convert to Common shares when a warrant is exercised which mean there is dilution.

Warrants cause dilution because a company is obligated to issue new stock when a warrant is exercised.

This is just more pumping from Mersky - and warrants are very dangerous - there will be a one year time period to exercise the warrants - but you still have to pay for the warrants so it is cash out of your pocket into the pocket of Mersky.

I hope no one falls for another empty promise from Mersky.

IG

The First Casualty of Emotion is Reason.