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Re: ssc post# 15398

Friday, 11/23/2007 11:14:13 AM

Friday, November 23, 2007 11:14:13 AM

Post# of 19383
Thanks ssc. I get that strategy. I was really referring to the following statement from that peakstocks article (post 15394):

"Also, with the recent shares that were tendered, uWink also gave the shareholders the right to warrants at $2.40 per share for each share they purchased of the follow-on offering at $2.00 per share. That’s essentially 2 shares for the price of one!

This means that once the stock rises above $2.40 (if it ever does), these shareholders basically got free shares of stock for nothing more than their initial $2.00 per share purchase price of the follow-on offering. Be prepared for more dilution as those shares come onto the market and the stock price rises to make it profitable to do so."


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