Koil Energy Solutions Inc. (KLNG)

[forgreen]

One thing about PPs to keep in mind. They are rarely done to manipulate a stock. They are done with the hopes of making money long term on the money invested. It has a one year plus outlook by nature. They are almost always done at fixed prices and may also include warrants to buy the stock and that is often at some percentage also based on the current trading price. There is no hard formula.

I love warrants. I have warrants of companies that are hundreds of percents in the money and I still have not exercised them because I think they will be worth far more in the future just by being patient.

But notice Ironman did not get warrants. When you see a financing without warrants that is pretty bullish. It means the buyer considers it a good value straight up without any added incentives.

P.S. You can find a detailed post by me about Private Placements on the DPDW board if you search the keyword or look through my posts.