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Re: Migufar post# 16000

Tuesday, 06/21/2016 11:05:48 AM

Tuesday, June 21, 2016 11:05:48 AM

Post# of 62188
Oh, I read the SCAM very carefully. Looks like they want to screw the warrant holders again. Also did you notice they said "offer" so no one has to accept it. Currently 1 warrant is worth 5410 shares, so that means at .0001 it's worth $0.541 so taking the new deal would give $0.25 per warrant. Now that's a 50% reduction plus a worthless Series B warrant. These con men are just too clever to be stupid. This turkey is toast no matter what trickery they use.

"announced today that it intends to conduct a registered exchange offer to provide both $0.25 per Series A Warrant exchanged and a Series B Warrant of the Company in exchange for each of its outstanding Series A Warrants. "
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