Warrants convert to Common shares when a warrant is exercised which mean there is dilution.
Warrants cause dilution because a company is obligated to issue new stock when a warrant is exercised.
This is just more pumping from Mersky - and warrants are very dangerous - there will be a one year time period to exercise the warrants - but you still have to pay for the warrants so it is cash out of your pocket into the pocket of Mersky.
I hope no one falls for another empty promise from Mersky.
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