uWink Inc. (UWKI)

[the big guy]

I am talking about options pricing. I think they would use the Black-Scholes pricing formula. Options have a price based on the probability of the stock reaching the exercise price in the future. If the warrants were being traded on an open market, they would be priced at something like that. I see no difference between a Warrant and an option other than a Warrant is something that is issued along with an offering of shares. It amounts to the same thing.

There is a typo in my post. I said the total would be 4.00. It in fact would be 3.00. That was a typo.