Friday, February 26, 2010 4:15:19 PM
+$7,811,100 cash on hand if they call the warrents. Total cash on hand would be close to 10,000,000 because they have $2.1 from the tranche 1 warrants!
"The holders must exercise fifty percent of the Tranche 2 Warrants if the market price for the Company’s common stock is $0.24 for a period of thirty consecutive calendar days. "
They MUST get atleast 1/2 of the $7,811,100
http://msnmoney.brand.edgar-online.com/DisplayFilingInfo.aspx?TabIndex=2&FilingID=6160296&type=html&companyid=86957&ppu=%2FDefault.aspx%3Fticker%3DHDVY
"The holders must exercise fifty percent of the Tranche 2 Warrants if the market price for the Company’s common stock is $0.24 for a period of thirty consecutive calendar days. "
They MUST get atleast 1/2 of the $7,811,100
http://msnmoney.brand.edgar-online.com/DisplayFilingInfo.aspx?TabIndex=2&FilingID=6160296&type=html&companyid=86957&ppu=%2FDefault.aspx%3Fticker%3DHDVY
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