InvestorsHub Logo
Followers 6
Posts 2375
Boards Moderated 1
Alias Born 07/25/2004

Re: DonLeopoldo post# 173

Monday, 07/21/2008 7:51:21 PM

Monday, July 21, 2008 7:51:21 PM

Post# of 365
"Total loss if all Warrants exercised and sold at market on July 10, 2008 .... $4,904,160"

http://www.sec.gov/Archives/edgar/data/1190132/000114420408040840/v120371_prer14c.htm

That's 99.68% loss of a $4,920,000 value... unless I'm not understanding the deal.

Also, saw that the a/s stays at 700 mil following the r/s, while the o/s is projected to be 5 mil. But that is their reason for the r/s... to give them breathing room in the a/s.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.