Replies to post #162 on C and J Energy Services Inc. (fka CJESQ)

[DrUNC83]

This is not warrants I held prior to trading being suspended and bankruptcy. This is what was said in their press release.

", C&J plans to issue a series of seven-year warrants to existing common shareholders, exercisable for a total of up to 6% of new common stock at a strike price of $1.55B.
• C&J estimates emerging from Chapter 11 reorganization within 130-180 days."

Maybe someone else can try to answer my question as I don't think you understand it, though I appreciate your replies. I just want to know if thugs play out like their release, how do warrants work and how are they executed in this case. That is all.