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Re: swiamca post# 54638

Monday, 04/18/2016 11:16:21 AM

Monday, April 18, 2016 11:16:21 AM

Post# of 63559
Swiamca, the warrants don't expire until 2020. With expiry decay nothing to worry about until 2019, we've got several years for the PPS to get back to the point where they will easily be worth more than they are today. The warrants were a sweetener for Cowen. There's been no volume on them since they were issued, and virtually none have been converted. It's going to take time for them, but I think they will be very worthwhile end of this year, beginning of next.