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Re: dffhogs post# 15215

Friday, 11/09/2007 1:02:53 PM

Friday, November 09, 2007 1:02:53 PM

Post# of 19383
FYI: A warrant is the right to purchase at an exercisable price ($2.40) at a later time. In this case, a buyer (of stock in this offering) would be able to exercise their 'warrant' anytime on/or after the closing date of this offering - up to the fifth anniversary of the closing date. Please Note...the warrant is the 'right to purchase' (it's not a $2.40 share for free).

The Point (advantage): PPS goes up, you have a set PPS ($2.40) which can be exercisable when/if you choose to...

uBuy until uSell - uWink, uWait, uWin! - Netman

I base my trading decisions on my own DD, research, evaluation, constant re-evaluation, insight and information. Everyone should do their own DD, and constantly evaluate their own conclusions IMO.