Biotech Values

[drbio45]

If I was in xoma I would be real upset. the stock was trading at 65 cents and the price a deal at 50cents with warrant

Link to your statement

The company also announced that it has agreed to amend the terms of its outstanding warrants to purchase a total of 11,099,744 common shares, issued in May and June 2009, to eliminate the provisions that would have required reduction of the warrant exercise price and an increase in the number of shares issuable on exercise of the warrants each time the company sold common shares at a price less than the exercise price of such warrants. The exercise price of the May 2009 warrants has also been reduced to $0.001 per share from $1.02. The exercise price of the June 2009 warrants remains unchanged at $1.30 per share.