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Re: None

Wednesday, 04/08/2015 10:41:13 PM

Wednesday, April 08, 2015 10:41:13 PM

Post# of 1450

IMO the warrants are extremely attractive. They expire in October of 2018 and have a $5.00 exercise price. Today they ciosed at $2,05 and BTX closed at $5.37 Accordingly currently the warrants' intrinsic value is $0.37. Warrants purchased today become profitable any time between now and October 2018 that BTX' price exceeds $6.68. That figure is derived by adding the warrant price to the exercise price ($7.05) and deducting from that the warrants current intrinsic value ($0,37). BTX currently has many irons in the fire and IMO that in the absence of a a cataclysmic stock market event between now and expiration the warrants will be very profitable. Please let us know if something is wrong with this reasoning and of course, do your own DD,
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