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Re: Stratey post# 25889

Friday, 05/07/2010 12:54:24 PM

Friday, May 07, 2010 12:54:24 PM

Post# of 42706
The dilution was required because of the conversion of warrants issued by the company 5 years ago, with the restriction that the total number of resulting shares from the conversion could not exceed 4.9% of the A/S... so they raised the A/S while they converted the shares.

IMO, I believe DNPI may be using this to their advantage if a merger is imminent, because they would likely have been buying all or most of the 'new' shares... so the end result is DNPI is the majority holder without having to buy any shares at market value, and CYSG is debt-free.

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