Replies to post #81471 on Titan Medical Inc (TMDIF)

[glg20]

OK good just was putting that out. These warrants are very good tool but they are still 30-1 when you exercise them.

[glg20]

ok well I have been going over some peoples math and it doesnt quantify. If you have a chance could you break down yours.

100k warrants at say basis 10 cents currently equats to 10k

Stock goes to 30 canadian.

the warrants are 30 -1 so if you did want to exercise you would pay ~75k. So your basis is 85k for 3300 shares at 22.50 cn, shares trades at 30$

7.5 dollars a share gain 7.5*3300= $24,750