Warrants opened at $1.00 ! !! thank you to who ever sold me at .80 cents yesterday !! I told everyone this would recover. The warrants are greatly undervalued but the commons now are even more ! The board will make you exercise your warrants when the stock is over $18.00 making the commons a much better deal if the stock is suppressed.
Stock is going to skyrocket before September as are the warrants... to much news in the pipeline. Remember there revenue streams are on dependent on them completing construction at canton ! this is what people don't understand.
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No. You are getting confused about the Strike Price.. The 'Strike Price' is Per Common Stock and not Per Warrant.
In the case of Free, you would need 2 warrants to convert to one Common Stock at a Strike Price of $11.5 (per Common Stock).
In the case of HOFV, we can convert to Common Stocks @ $11.5/Common Stock, regardless of how many Common Stocks we get in the # of Warrants ==> Stock Conversion.