Replies to post #10590 on Stratos Renewables Corp (SRNW)

[MrSmith18]

I feel the stars are lining up for a deal based on the 'lift' M&A companies are expecting for Q3 and Q4. Also, having a warrant already built into a deal would make it more appealing for a buyer. When the pps rises above the striking price, the warrants become 'in the money', ...and once, expired, they become a mini secondary for the company without having to announce one.

It's a win, win, win scenario that would make the deal look solid and sustainable. Essentially, it would offer the merging company with a $600k sweetener (SRNW), while doling a potential windfall for current warrant holders, GS's friends and family who hold shares (FORW). Finally, GS would regain his reputation and retire with dignity.

JMHO

[I-Glow]

The exact same thing happened to FORW when they bought warrants from HUMBL. The strike price was $0.30 but they couldn't be exercised for a year and when the year was over the warrants were worthless.

Sharp is a creature of habit and goes a rinse and repeat on every shell.

"Hi MrSmith18, the first tranche of SRNW warrants that FORW holds have a strike price of 30c and expire on Dec 31, 2024. For all practical purposes, this means that unless there is a deal announced before that date that tranche of warrants (representing 2m SRNW shares) will expire worthless."

That is exactly what will happen - Sharp the grifter got you again.

Now Sharp has Zero credibility.

IG