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Re: abh3vt post# 60564

Monday, 12/11/2006 7:48:41 PM

Monday, December 11, 2006 7:48:41 PM

Post# of 173801
abh- re: IEAM

It was unfortunate that an important phone call came in for someone I was with while I was questioning him, and I never got to ask that. However, here is a post off the Ihub message board for IEAM that would suggest the 14.8M fully diluted count was included in future guidence...


"spoke to CEO o/s increase due to conversion of warrants
they just announced a $10 million buyback"

I know that was a short post, but I'm taking it that the warrants were recently converted. So, even if the CEO thought he shouldn't have included them in the diluted share count for the Sept qtr, they were most likely included in his guidence.

abh- I would like to say this though. I agree with Researher wholeheartidly that the company should have known to include the conversion of the warrants that were in the money into the fully diluted count for the Sept qtr. I got in today at $4.26, but feel I have been lucky- probably will take profits very soon. Wade


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