Sunday, August 13, 2023 5:11:06 PM
You forgot to include - "The Warrants are exercisable for a period of five years, have a cashless exercise provision and an exercise price of $0.002 per share."
With warrants with a cashless exercise provision is similar to toxic financing as it means more dilution.
The exercise price for the HUMBL warrants "sold to FORW" was $0.20 when the warrants could be exercised the price was below $0.20.
So how could Sharp sell the warrants for $100M?
It is obvious you are clueless about the mechanics of shorting.
IG
With warrants with a cashless exercise provision is similar to toxic financing as it means more dilution.
The exercise price for the HUMBL warrants "sold to FORW" was $0.20 when the warrants could be exercised the price was below $0.20.
So how could Sharp sell the warrants for $100M?
It is obvious you are clueless about the mechanics of shorting.
IG
"Are you gonna pull those pistols or whistle Dixie?"
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