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Thursday, September 25, 2008 10:28:47 AM
REALLY!? LMFAO! You have only TWO scenarios here ... 1) The warrants are exercised and the common stock is MASSIVELY DILUTED into OBLIVION. The warrants are for the senior preferred ROI. You're telling us that isn't "reason" enough to exercise them? LMFAO!
2) The shares are too worthless for the warrants to be exercised.
Either way, the warrants are entered as debt in the books because they are fully dilutive. But, then you guys don't believe that fully dilutive stock is "debt", right? LMFAO!
Trade it if you can. Take your profits. But this toxic POS is going to get chopped off at the knees w/o notice.
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