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Saturday, January 17, 2015 9:00:12 AM
** There really is plenty of money available from warrant exercise if PPS goes up and folks choose to exercise. I ran the numbers from every warrant class and took a look at what was issued vs outstanding and double checked the math. There really is approx. $80 million that COULD come in but even if 70% get exercised, $56 mil could do an awful lot !!
It would be so unfortunate to have them get financing on lousy terms when they have 80 million staring them in the face. That is why I am holding until 4/30...if they don't use every means necessary to continue to elevate PPS after this next milestone news then they are DUMB and folks will sell off. To me, their promise to be more shareholder friendly (as Point mentioned when he interviewed them in NOVEMBER) would just be another LIE. For me, it's one last chance for them and its what they do AFTER the next major milestone PR...follow it up or go silent? Place your bets
*** An early indication that I am watching for is if Randall suddenly becomes a BUYER of Titan again. Everybody else has but he has been a seller of late.
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