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S&P 500
5,753.54
(
0.72%
)
US TECH 100
19,561.60
(
0.62%
)
Dow Jones
41,999.26
(
0.49%
)
Brent Oil
75.57
(
0.60%
)
Bitcoin
69,879.82
(
3.04%
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clearcoated

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clearcoated

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.
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