Replies to post #4 on Sunworks Inc (Warrants) (fka SUNWW)

[Level2Me]

I buy them in my trading terminal on open market. They trade under 'pinkies' simply because it would cost a lot of unnecessary cash to list them on Nasdaq. As you know there are only 3M warrants out there.

My broker (IB) didn't have them last week, I talked to them and sure enough

I didn't have any free cash to buy so I had to sell some common shares first. I, however, wasn't sure if they would be possible to buy, so I sold common shares in increments of 100 and would buy warrants in increments of 200.
If you believe SLTD will hit 8 and above, it makes sense to buy warrants, you essentially will be able to double your position.
You can consequently either sell them on open market or submit a ticket with your broker to convert them through company (essentially, SLTD will issue new shares at 4.15 for you)

Warrants are good for another 59 months from now. I personally think it's well worth it.

[Intotheblack]

- So you need to exchange shares? or just buy the new SLTWW ticker? (Just buy new SLTWW Ticker)
- Can i place a regular order or do i need to call a broker? (Regular order, though some brokers had to add the ticker, so if you can't electronically trade at first, call broker to have them add the ticker. I did this for Schwab and I'm all set now.)
- You said this is no units...so you are just buying the warrant at a discounted price right now? I´m confused...(You buy the warrant at the current price just like a stock...then you can sell it without excercizing it in the future if you want...just like a stock, or later you can exercise it and pay the 4.15 per share and get shares. You would only do this if the SLTD Share price was above whatever you paid for the warrant + the share price)