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Re: PennystockID2017 post# 38111

Sunday, 08/27/2017 4:23:57 PM

Sunday, August 27, 2017 4:23:57 PM

Post# of 68548
Be careful, here,. LSR will only exercise their warrants if the ECOS share price exceeds their option strike price. it is just above the strike price on Option 1.

They actually get 60% of ECOS Bio-Art (where the economics are) without buying into ECOS.

My guess is that LSR's play is to get control of ECOS Bio-Art and leave ECOS alone. LSR's lawyers are very shrewd and have set up a deal for their client to control the technology without having to buy anything in ECOS.

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