Sorry I messed up the 2.25x2 that's 4.50. Not 5.50. So yes underwater is the correct statement. 11.50+4.50=16. Current price is 16.30. There is a 30 cent premium to buy the share. I'd load up but I'm all in. Sorry my fault for the simple math mistake.
You're correct, my math error. In the post I was responding to, the warrant price was .60, so the cost would have been 1.20 + 11.50 = 12.70, not taking into account the .1 common share attachment. Thanks for the correction. Appreciate the S-1 link.
Noticed your later post 417. Maybe we both need a little remedial math. (LOL)
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