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Regis999

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Regis999

Re: jb754 post# 4455

Monday, 09/26/2016 4:30:09 PM

Monday, September 26, 2016 4:30:09 PM

Post# of 10348
They early exercise the E warrants that expire May 26, 2021 at $.438 per share for $1.9 million total dollars. It means Arch has more money now and does not have to dilute by selling more shares. Great deal for Arch Shareholders....

Most people would hold the warrants for as long as possible. There is also an option of "cashless" exercise but that is a different ballgame.
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