Alto Ingredients Inc (ALTO)

[ID Supermoney]

$4,769,420.00 made so far in Warrants exercised!!!


Company’s warrants as of March 31, 2014 were 5,548,000



A summary as of May 8, 2014 of outstanding warrants, which the Company recorded at fair value, with a weighted-average exercise price of $7.57, is as follows:


Issuance Date Expiration Date Exercise Price Warrants Outstanding
06/21/2013 06/21/2015 $7.59 1,051,000
03/28/2013 03/28/2015 $7.59 296,000
01/11/2013 01/11/2018 $6.32 813,000
09/26/2012 09/26/2015 $8.85 1,639,000
07/3/2012 07/03/2017 $6.09 830,000
12/13/2011 12/13/2016 $8.43 281,000
4,910,000


So 03/28/2013 03/28/2015 $7.59 296,000 from 788,000 was 492,000 sold for cash of $3,734,280.00


So 07/3/2012 07/03/2017 $6.09 830,000 from 976,000 was 146,000 sold for cash of $889,140.00


Therefore 638,000 warrants were exercised!!

For total cash on converted shares = $4,769,420.00


GLTA


ID