 Hey traders, this is Tosh. I go by T Bradley 90 in the my investing club chat a general reminder for those who do not know MIC is having a one-year anniversary event where bow is going to be trading live in front of our members It's coming up August 17th mark your calendars as an added benefit to our members The event is 100% exclusively entirely free for annual and lifetime members While lifetime on top of that get extra coaching before the event and guaranteed front-row seating While most charged for these events we show our support by making it free again for annual and lifetime members If you are interested in signing up and attending for this event DM T Bradley 90 in MIC chat and or email myself at Tosh at my investing club calm Now we have a very special video for you guys as Matt who goes by Chicago trader one of our head moderators in MIC chat does a weekly Sunday video on the fundamental analysis side of trading and today He's going to do a deep dive into our WLK And while today is just a preview of the full-length video if you want to watch the full-length or any of our exclusive content Then become a member of MIC Everybody what's going on Chicago trader checking in for the weekly fundamental video? I hope you guys are having a nice weekend here Just want to recover Recap one of the names that moved this week for our WLK had some news come out on I think it was Tuesday or Wednesday after hours that sent the stock up a couple hundred percent You know with it It's moved start to do some digging on it and found some stuff that was interesting. I thought I'd share real quick So I'll dig right into it So of course guys not investment advice on my behalf or in my sea You know do your own due diligence on these names With that being said so already be okay so the timeline of this is pretty Important as far as the day it moved in the next morning and what I mean by that so After that news was announced, you know before it was holding up in pre-market the next day I was kind of going through doing some of these so on 4 1 April 1st. They had 8.8 million dollars they had done an offering after that for 3.8 and then if you guys recall right before the open the next day they Announced that they exercised some outstanding warrants and received $10 million. So obviously the day it moved in after hours I didn't know at the time and nor did nobody that these were gonna be exercised. So they were well in the money But I was very surprised to see them exercise in pre-market What is this? 10 months not much volume. I mean even you know this day there was a little bit But they actually they suspended it and I'll get on to that here to suck it But that's why a lot of times when some company has an ATM outstanding that's old. I give it very little weight Especially when it's suspended but Get back to this What do I want to go with this one next so Going back to their page they announced they're the nicest company And I say that because they not only told us that hey we exercise exercise warrants, but they announced this one for 25 reverse split So the date on these this right here was for once I just automatically assumed as you guys know a lot of times It's not coincidental that companies will do this You know a day or two after their 10 queues filed makes it a little bit harder to you know adjust with the reverse splits but when you come here and look at it they actually voted on this on the March 27th, which was a couple days before that 10 queue, right? So All the information that came 10 queues as of 331. So The reason I bring this up is not most companies will do this, but if you go back So the most recent two filings is q1 in the 10k. So if you look at the 10k warrants on November 8th 2018 rather there's 44 million warrants for the next size price of 0.3 Again, so it's deceiving because you come to the most recent 10 queue And it says as of March 31st. So I'm thinking well Hey, this was filed on the first so probably doesn't account for it. But luckily I was able to obviously you divide this by 25 this 44 million and you take this times 25 and These your numbers that they get so these are accounted for the reverse split now, obviously anything that was offered after The first so this one probably wasn't yes in the warrants in this one What apart do not need adjusted right because this was announced after