Replies to post #10216 on Health Discovery Corp (HDVY)

[king oil]

Maybe Quirk is trying to accumulate enough shares to kick Barnhill out.

[jayree]

How does this work, not really that familiar with warrants? Do I get it right.... below? TIA

In the case of selling. quirk has warrants @.13 cents... he would then need the shares to be more than .13 cents so he can "sell" the warrants which guaranteed shares at price of .13 cents of which he pockets the difference. So if the PPS is .15 cents then quick profits .02 cents. HDVY on the other hand does not netts zero from this transaction.

In the case of buying...quick converts his warrants into shares of which he will use his .13 cent warrant to pick up any shares under .13 cents (which doesn't cost quick any cent as it's just conversion). Then quick will later "sell" the shares into the open market to profit. Although, it might be cheaper for quick to buy the shares outright using cash... (he has to fork out), he may choose to use warrants conversion method instead (which is cashless for quirk).