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El_Jefe42

02/27/20 12:32 PM

#74127 RE: train #74126

Depends on how the warrants were set up originally. I assume they will be adjusted for any splits. If not, as soon as the split is realized, they'll be in the money! TedJ usually has a handle on these types of details. Perhaps he will help out us lay people. ;)

OK let’s take an example with our current warrants which run now about 50 cents, plus or minus. By 2022 we can purchase one share at $4 by exercising one warrant.. With the r/s what will we have???

Charlie. (I need a drink to figure this out)

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maxinkuckee

02/27/20 3:01 PM

#74130 RE: train #74126

You’ll have an exercise price of $40.00 in 2022 and one tenth of the number of warrants you previously had.