Replies to post #2236 on Titan Medical Inc (TMDIF)

[cjrick01]

Basically warrants allow you the option to get stock options up front on the cheap. It basically reserves your right to purchase the actual shares at the strike price before the expiration date.

So take the c warrants as an example.

Lets say you bought 10K...for $.25 so it would cost you up front $2500. Later to purchase them out right you would have to pay $1.25 per share so $12,500.

So right now on the market to get 10K worth of share it would be north of $14K.

You just have to make sure you buy them before their expiration date.

I have C and B warrants right now. C expire in 2018 and B at the end of 2016.