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Post# of 79848
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Durand

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Durand

Re: 236T568 post# 16008

Friday, 04/18/2014 12:27:28 AM

Friday, April 18, 2014 12:27:28 AM

Post# of 79848
166 million shares currently issued and outstanding. You forgot to add that the share price would have to be higher than the highest priced warrant or option for all to be exercised. If all warrants and options were exercised that would mean the share price is above .25 and the company would receive $9.4 million in cash. So the only way to get to that 229 million figure is if the company's share price more than doubles from here and that of course would be great news for the company and current shareholders
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