Actually, after hearing that Fernando was able to do it with Fidelity in a 3-4 day timeframe, I gave them the ok to convert 40k of the warrants (I had cash in the account to cover only that much for now) When they clear, I will use margin to redeem the rest. (I may have to run the circuit two more times to clear them all). I am confident that the return we will see on the common stock in the next 12mo. will far outweigh the 3.75% Fidelity will charge me for the margin funds.
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