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Re: None

Wednesday, 03/10/2021 3:16:15 PM

Wednesday, March 10, 2021 3:16:15 PM

Post# of 4231
Earnings are expected to be announced next week. VUZI had a news release on 2/25 that said they had $48 million of warrants recently exercised.

I'm also invested in PLUG and they also announced some warrants were exercised just before they announced earnings. Due to the way PLUG accounted for the warrants, they had to subtract the amount from revenues and earnings. It changed PLUG's earnings from a loss of 10 cents to a loss of $1 per share. The stock price took a beating due to that.

I'm not sure how VUZI accounts for the warrants, but it's possible they might take a hit on their numbers also. I hope not.
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