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Yes I know
Took a 1k hit
These warrants were deleted on January 23, 2012
SECURITY DELETIONS
Dl Date Symbol Company Name Effective Date/Comments
1/20/2012 HUTCW HUGHES Telematics, Inc Warrant 1/23/2012 Expiration **
http://www.otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=ALL&searchby=symbol&searchfor=hutcw&searchwith=Starting
I would be very nervous if I held this warrant overnight.
My guess is it's just a matter of paperwork to get them deleted permanently.
The company is no longer obligated to pay anything to holders of the warrants. They are worthless. They have no underlying value.
This is what the filings tell me.
But I asked two other people recently to verify, maybe they can confirm this.
I have no idea why they are even still trading.
oh wow
so im guessing thats bad
lol
This is HUTCW, the warrants. HUTC is the STOCK
Item 8.01 Other Events.
On January 10, 2012, all of the 16,743,180 warrants issued in connection with our initial public offering that remained outstanding on
such date, expired in accordance with their terms and are no longer outstanding. Each such warrant had entitled the holder to purchase from us
one share of common stock at an exercise price of $7.00.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8334475
why not?
what is so bad about a warrant?
I do not hold any warrants, no.
Are you a shareholder?
Really good question.
why is this up 600% today?
Why is there still a bid and ask??
Also, AMTD accepted a .0001 order (I immediately cancelled it).
Your limit order to Buy 1000000 HUTCW at 0.0001 was received. Your order number is: xxxxxx01xx
Item 8.01 Other Events.
On January 10, 2012, all of the 16,743,180 warrants issued in connection with our initial public offering that remained outstanding on
such date, expired in accordance with their terms and are no longer outstanding. Each such warrant had entitled the holder to purchase from us
one share of common stock at an exercise price of $7.00.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8334475
So what exactly is a warrant?
Sorry LOl if you didnt know that a W on the end of a 5 letter stock is a warrant.
Here is a tip. Dont buy any 5 letter ones with a Q on the end until you look up what that means either
What does that mean?
I just wasted $$$ on this?
HUTCW is not a stock. It is a traded warrant just like an option the stock is HUTC
so what is the deal with this company.
is it real or just another scam stock.
price goes up one day and the next??...........
when does what expire?
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