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GameStop Corp. Message Board

brlockard 2 posts  |  Last Activity: Feb 6, 2014 8:30 PM Member since: Mar 28, 2013
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  • Reply to

    Warrants within the joint ventures

    by brlockard Feb 6, 2014 8:16 PM
    brlockard brlockard Feb 6, 2014 8:30 PM Flag

    am I misinterpreting the deal? With all the ventures, 500 million shares can be issued almost immediately

  • First Im going to say I am long PHOT. That being said the basher at SA brings up a good point. When you read the filings, phot is giving away tons of warrants as part of the deals with a strike of .03. They can be exercised pretty much immediately. Why is nobody talking about the risk of this happening and what it will do to us? Everyone keeps saying how Phot is doing everything right, but the financials dont exactly back that up. I believe in the green boom and years from now it will be a big industry, but these warrants are devastating yet everyone ignores the fact that it is clearly written

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