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Re: uw86 post# 4347

Thursday, 03/01/2007 1:14:51 AM

Thursday, March 01, 2007 1:14:51 AM

Post# of 63090
never is an awfully long time... i think they did. the note is fixed @ a conversion price of $.40, there is a no-short clause, they did get warrants as a deal premium (perhaps for the pre-pay), and there is no discount to market (not based on any trailing avg or anything like that), at least not that i know of.

convertible instruments is "one of the things you do"?

imo it'd be great if you dug into that aspect of this thing a little.

are you with a hedge?

and with that, i'm out for the night...

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