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reallybadtrader

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reallybadtrader

Re: lakingsphan0427 post# 8141

Thursday, 08/09/2007 6:13:54 PM

Thursday, August 09, 2007 6:13:54 PM

Post# of 9101
Its not new. This was done a little while back. Its bond with warrants that are convertable at 4.17. It is NOT dilution, warrants dont trade, they are only excerised when the stock hits that price. I am sure we all be relatively satisfied when the stock trades at 4.17.

This type of loan is a lot more favorable that issuing more shares of common stock. Loans at attractive rates with warrants that above the stock market value are the way to go.
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