DCTHW expires 10/2005, strike is $6.60 (I think)
DCTHZ...the warrants with a strike of 0.775 cents--conversion ratio 1 for 1 and an expiration date of 5.20.2008.
According to the terms of the warrants...if the common stock averages 1.24 dollars for 20 days...they can be "called"....
Once they are called in...and for sure there will be a official public announcement of the Company about that when that is the case...you have the choice out of 2...
Either you sell your warrants in the open market..or...you exercise your right to have the sock delivered for 0.775 cents.
There are..according to the as always excellent source of info about warrants....www.stockwarrants.com....3,3 million warrants outstanding.
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854