Global Resource Corp (fka GBRC)

[pacor]

'The moment you give notice to your broker to exercise @ the $4.75 price, you have purchased GBRC shares at that price independent of what 'retail' is at that time'

Thanks...so that means reaching the exercise price is a one time event for the purpose of any future exercising (within the time period)whether the retail price has gone up or down afterwards? Obviously, one would be unlikely to exercise if the retail dropped below the exercise price but it could apply if the retail was expected to rerise.

I had thought that you needed to provide money 'up front' when converting warrants to common stock (ie warrant being an option to buy stock at a set company price) before selling that stock. Are you saying that you can do the action simultaneously?

Sorry if a bit pedantic but I wanted to be clear about options available.(not 'options' one can purchase!)