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Re: Olti100 post# 5029

Friday, 10/02/2015 4:02:51 PM

Friday, October 02, 2015 4:02:51 PM

Post# of 19297
Common convert into warrants

In theory, the common will not be completely worthless; but I expect that Newco common shares will not trade high enough for the warrants to ever convert into any meaningful value, except maybe as a 'time premium value', like that for an option.

So if anyone wants to sell the existing common shares, and avoid getting it converted into worthless warrants, they would need to do it prior to the order being issued.

Louis
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