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Re: SC777 post# 5897

Thursday, 10/05/2017 7:10:13 PM

Thursday, October 05, 2017 7:10:13 PM

Post# of 19272
Don't mean to be the bearer of bad tidings, but I'd say we're pretty screwed here unless the bankruptcy gets reversed somehow, or you bought your shares at less than a couple bucks or even if you averaged down with the warrants.

If you bought say 5000 shares at a moderately low share price of $5, you'd have approximately 500 warrants in your trading account now. As another share holder stated, we believe the warrants strike price will be $4.41 - so we believe - then you'd need the warrant price to reach nearly $55 just to recover your initial capital outlay. And let's face it that's not going to happen inside 5 years when the warrants expire. I think I'm accurate stating that.

GLTA
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