Replies to post #642 on Cannabix Technologies Inc (BLOZF)

[coin8300]

No offense, but you're clearly not good at math.

-50,000 * $0.17 = +$8,500
-50,000 * $0.16 = +$8,000
-51,040 * $0.14 = +$6,992
-20,000 * $0.14 = +$2,800

$8,500+$8,000+$6,992+$2,800=$26,292: this is the gain he made from selling shares.

+500,000 * $0.075 = -$37,500 : this is what he paid for buying the shares in the first place (exercising the warrants at the predetermined strike price of $.075)
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-$37,500+$26,292 = -$11,208: this is what he lost on the whole transaction block (but he now has 330k more shares).

I literally cannot explain this more clearly and frankly will not explain this again.

[coin8300]

In fact, if he didn't think the shares had any worth, he wouldn't have taken the overall loss (even after he sold some to lessen the cost of the original purchase) and exercised the warrants in the first place. He would have just sold some of the ridiculous amount of shares that he already has and let the warrants expire. To me this is a great sign.