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Re: None

Friday, 04/13/2007 10:30:28 AM

Friday, April 13, 2007 10:30:28 AM

Post# of 176
Just wanted shed some light on the subject of warrants since Abdul has warrants on 8.8 million shares for putting $588k into the company he runs. Investors should be ticked by this. Warrants are used as an incentive to get investors, why does Abdul need an incentive?

a few definitions

in this one notice this "Warrants are often included in a new debt issue as a "sweetener" to entice investors."

http://www.answers.com/topic/warrant

and this one has an interesting discussion on pricing of warrants.

http://www.hashemian.com/financial-markets/stock-warrants-183.htm


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