InvestorsHub Logo
Followers 11
Posts 1581
Boards Moderated 0
Alias Born 03/01/2006

Re: PayDirt! post# 55252

Thursday, 07/12/2007 5:28:55 PM

Thursday, July 12, 2007 5:28:55 PM

Post# of 143047
Once a year EFGO has the ability to recieve 5% of the debt outstanding or $100,000 whichever is less worth of stock. A warrant is like a stock option. The strike price is the average price of the past 90 days. so if the stock really rallies, we buy at a discount. so we may get more thant the 15% interest rate if the market likes their news...

All in my own Opinion, Not a Recommendation!!! But let's try to make some money!