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Re: 1918forever post# 73368

Friday, 08/01/2008 9:05:14 PM

Friday, August 01, 2008 9:05:14 PM

Post# of 107353
1918, Couple of flaws that I see in that explanation:

"At a pre-agreed price the dealer then swaps shares with Prospect (possibly from inventory acquired) therefore allowing Prospect to excerise their warrants at much lower prices and immediately (without the price rising) - hence the 500K & 2.1M Blocks."

The warrants were exercised July 3rd and resulted in new shares that were issued to Prospect. The exercise is not done in the open market that would cause a price increase/decrease. From a profit perspective, exercising the warrants at a higher PPS is more desirable than at a lower price - this was done on July 3rd giving Prospect 2.6M+ shares.


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