PTSC 8-K.....I believe considering what T4M said about warrants, this part of the 8-K is very pertinent.
PTSC will issue warrants to TPL to acquire shares of the Company's common stock. 1,400,000 warrants will be exercisable upon issue; 700,000 warrants will be exercisable if the Company's common stock trades at $.50 per share; an additional 700,000 warrants will be exercisable if the Company's common stock trades at $.75 per share; and an additional 700,000 warrants will be exercisable if the Company's common stock trades at $1.00 per share.
The thing is 700,000 + 700,000 + 700,000 = 2.1 Million, not 1.4 million.
But I think considering developments with the company, in time, this one could move up well past $1.00. You have to be patient though, if you can.
It could be possible to initially move to $1.25/share and then later on if things pan out for the company....$2.50/share.
Those warrants would be worth something then imo.
PP
