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fsmith1952

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fsmith1952

Re: invresearch post# 1416

Monday, 09/29/2008 10:03:17 AM

Monday, September 29, 2008 10:03:17 AM

Post# of 8728
I see that the warrant exercise price is $1. Does that mean that the warrant holders will be able to buy shares at $1 each until the warrants expire? If this IS the case... then clearly the people behind the financing are expecting the SP to be significanlty higher than $1 per share within the next two years... Not a bad deal for all concerned... considering that this IS a startup.
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