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JamieE

02/09/18 6:46 PM

#30256 RE: 22na22 #30255

I just divided the 17 by 85.... equals .20 divided by 5 equals .04 . I will buy back in at the reduced rate. I definitely "DO NOT" see this running the price up. Or am I wrong ??? Let me know ....cause I do not mind being wrong ! GLTA

Captart7

02/09/18 7:02 PM

#30257 RE: 22na22 #30255

Logically, it stands to reason that the warrants were sold pre dilution and therefore are also subject to the same dilution as we are. *Unless they were sold with a non dilution clause? I highly doubt that was the case?

DataStream

02/09/18 7:05 PM

#30258 RE: 22na22 #30255

The warrants are issued at the rs number of shares like every other shareholder.

What most here cant seem to grasp is that the Worlds did not choose when to rs, they had to in order to legally honor the warrant terms which were called-by the warrant holders, who happened to find the IPR and appeal so all shareholders can participate on the upside.

The outstanding remains at 250 mil the authorized is what gets reversed so there are enough reversed ratio shares to issue the warrant holders. Anyone who has read the Q’s knew that thid was factored as an eventuality into the price.

BTW the rs has the effect of blowing out the worthless flippers and penny traders who now have to wear big boy pants if they want to manipulate the sp with some serious skin in the game.

KidTraderDontHate

02/09/18 7:10 PM

#30260 RE: 22na22 #30255

7 million warrants left minus however many are used by investors. 35/248~14% if all warrants go through. The warrants are reduced at the 5-1 also.