InvestorsHub Logo

clam man

05/18/22 10:49 AM

#49908 RE: Pigdaddy #49907

Ok cool. Thanks for explaining. I already own a decent amount of the other company. This sounds really positive to me on all fronts. The more I read on the paint thing the more I like the sounds of it. Being in so early of something that has potential to be absolutely massive

I-Glow

05/19/22 11:30 AM

#49922 RE: Pigdaddy #49907

That isn't true - warrants aren't like dividends - you have to buy warrants. You don't buy dividends.

"The warrants are like a dividend. Your not losing shares of DRNK. They will still be there the warrants are the option to buy for a discount. You will still have your Drnk shares whether you buy the discounted warrants or not. Your shares of DRNK shouldn’t change."

Warrants cause dilution and if the price drops below the target price of the warrants then they are worthless and you have lost what you paid for them.

You will own the warrants and hope Mersky pumps the price but their is a time limit on the warrants.

A real company gives dividends because they have performed very well - warrants on the OTC is to enrich the insiders.

IG