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stocktrader2222

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stocktrader2222

Re: redman_2014 post# 23

Wednesday, 03/24/2010 11:40:28 PM

Wednesday, March 24, 2010 11:40:28 PM

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Yeah but you are also implying that the $116.5million will be raised from the warrant conversion to pay for the $40million CAPEX...but they cant redeem all the warrants unless common is over I think $14.25 for 20 out of 30 trading days.

So they dont have $100million in cash on the books...
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