Schwab says 10 igciw warrants convert to 1 share at $5. They trade as though conversion is $50/share. After the reverse stock split of 2013 April, I think Schwab may be correct...making these warrants "in the money" and worth at least $.15 intrinsically with stock at $6.50. More due to how muck stock you control with less cash. Anyone know the definitive answer?
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