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Wednesday, March 03, 2010 10:26:16 AM
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7092024
70,549,868 x.19 =$13,404,474.92
They must exercise fifty percent at a min; but as you can see in the filing they issued 70,549,868 or what appears to be the full amount.
From 10q:
"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. "
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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