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Post# of 140474
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chillout

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chillout

Re: Lurker05 post# 24952

Thursday, 08/27/2015 8:06:51 AM

Thursday, August 27, 2015 8:06:51 AM

Post# of 140474
Maybe the 5 million in warrants at 1.85 in early December never exercise. they use around ten million of the shelf offering and the same happens to the early (spring) 2016 warrants then the fall 2016 warrants. Grant it the price stays down below 2.00 a share to make that happen. You now have eliminated @ 15 million warrants but have used 30 million of shelf offering. It could happen. My feeling is that there will be a little dilution but not as bad as it appears on the surface.
Any thoughts from anyone?
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