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DewDiligence

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Re: oldberkeley post# 187418

Thursday, 02/12/2015 9:47:45 AM

Thursday, February 12, 2015 9:47:45 AM

Post# of 252388
THLD—The warrants do have a high exercise price relative to the current share price, but that’s not what would concern me. Rather, I’d be concerned that the offering price for the units (consisting of one share and one warrant) was only $3.40, which means that the effective offering price for the shares themselves was even lower than that.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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