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Re: tob999 post# 12913

Wednesday, 10/28/2015 1:10:07 PM

Wednesday, October 28, 2015 1:10:07 PM

Post# of 18784
The 5-day avg VWAP within the past 15 days has to be 0.0541 to be rock-bottom for Series B warrant conversions.

As of today - assuming VWAP at/below ~0.0504 - the lowest possible conversion price has been reached.

I am expecting a pop as the warrant holders will want to sell their converted shares for max profits. They will be able to convert at 0.0541 until November 11th/12th regardless of how high the price gets.

Given that they are nearly out of warrants, I suspect that this time they are looking to make big gains and I am holding to see how the next few days play out.

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