Value Microcaps Junior Energy

[kel3]

PEIX Warrants and "Fair Value Adjustment"

A Fair Value credit to Q2 earnings from Q1 FVA of a least $12 million has occurred already.

million warrants down from 5.5 million warrants after 1.5 million warrants being exercised.

$15.58 at end of Q1 and 1.5 million shares x $15.58 - $7.50 = $8.00 difference is a credit

1.5 million x $8.00 = $12 million credit towards Q2 earnings.

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Then If Luke from YMB is Right - Fair Value Adjustment,based on an AVERAGE Stock price for the Second Quarter ?

the Stock Price has been Below $15.58
(previous Quarter Fair Value Adjustment)
for 2 of the 3 Months in Q2 Already.

Average of between $15.58 and the Low of $10.41 = How Much of the Fair Value Adjustment from Q1 being Credited to Q2 earnings ?

Just Sayen, A Whopper Quarter of Q2 Earnings Might Already In the BAG !

Shush....Don't Tell Any One.