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mrintheknow

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mrintheknow

Re: sunseeker post# 3268

Wednesday, 12/10/2008 8:40:30 AM

Wednesday, December 10, 2008 8:40:30 AM

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my understanding of warrents is that they are redeemable at the price stated. In this case you can obtain gbrc shares when the conversion takes place at the $2.75 mark. This is only an advantage if the actual share price is above $2.75. again this in my opinion and I might be wrong
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