Replies to post #14220 on Cherubim Interests Inc (CHIT)

[10daytradehailchaser]

Am I viewing this wrong?

Also on November 15, 2016, the Company approved a grant of a warrant for 2,500,000 shares of common stock of the Company to Tangiers at an exercise price of $0.01 per share.

Or this :

The Draw-Down Note, together with all interest as accrued, is convertible into shares of the Company’s common stock at a price equal to $0.005


Bot of which are values that are HIGHER than current trading value.

Isn't this positive??
I'm a bit green too