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You can still get the warrants if you

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airbus300 Member Profile
 
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airbus300   Friday, 05/21/10 01:01:48 PM
Re: None
Post # of 89 
You can still get the warrants if you buy now. I bought $100 worth of stock for educational purposes (to see how this turns out).

Adam Ritzer—CRT Capital

And the last question I had is when is the, maybe it’s not the right terminology, but is there an ex date for existing common shareholders to still get the warrants?

Stephen Light

That will be what we consider to be the record date, which is the day before the consummation, but I can tell you that the consummation date – we’re working diligently to make the consummation date as soon as practical. So not to advise you, but if you’re a buyer you might be thinking about what you’re going to do.

Adam Ritzer—CRT Capital

Right, that’s what I’m trying to figure out. If I bought stock today it looks like you’re still entitled to the warrants, but at some point in time in the near future you’ll be ex or the record date will be past and then you will not be entitled to warrants. Is that how your understanding is?

Stephen Light

Yes. But the record date is going to be the day before the consummation date.

Adam Ritzer—CRT Capital

But we don’t know when the consummation date is yet?

Stephen Light



--------------------------------------------------------------------------------

All I can tell you is to reiterate what I said in the script and that is not later than the end of May and as soon as practical.

Adam Ritzer—CRT Capital

So you’re assuming the consummation date and the emergence date are the same?

Stephen Light

They are.

Adam Ritzer—CRT Capital

Ok, so you can just pay attention to that and look for that. Ok, that’s all I had. I appreciate it. Sorry I had so many questions.

Stephen Light

No problem, Adam, thank you.


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