Canadian Superior Energy (SNG)

[lightbeam]

Nice to see this. Question for you. So they force conversion of warrants at $1.30? Seems like a good deal for all if we hit that goal. Whats your view? If I may ask.
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West Coast will be granted 2,500,000 common share purchase warrants exercisable at a price of USD $0.65 for each common share. The Company can force conversion of the Preferred Stock at anytime in the future if its common shares close at a price of at least a 100% premium to the conversion price on a major US exchange for 20 out of any 30 consecutive trading days while the common shares underlying the Preferred Stock are registered.