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Re: BlindSquirrelFindsNuts post# 6031

Wednesday, 01/27/2016 9:28:40 PM

Wednesday, January 27, 2016 9:28:40 PM

Post# of 62157
Yes, I concur with your figures. I however made a mistake with if the conversion is tomorrow. I should have used .033, not .038, so shares = 661, not 575. 661 * .03 would get $19.83 for the unit. The 2 day prior thing really adds a level of "fun". And yes, if the pps steadily declines, then everyone losses.

I have no idea what the cost to exercise the warrants will be? TDA's magic number for weird stuff is $38, which is what I was charged this AM for conversion from units to preferred & warrants.
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