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Re: Orangeman3 post# 2429

Monday, 03/07/2005 2:14:47 PM

Monday, March 07, 2005 2:14:47 PM

Post# of 36790
Orangeman,

I've not seen the actual document and I'm no expert on SEC regulations, but if I were looking to negotiate an acquisition that partially used securities to fund it, I believe I'd rather give warrants giving the right to say a half million dollars worth of stock at the closing price a year from now rather then $150K worth of stock at current prices. That would send a strong message that I expect the stock to more than triple in a year. Of course I very much doubt that Fayiz could say that he gave warrants vs. shares, but I think we'd be able to get the picture.

By the way, here's a link to where Fayiz might want to polish up his CEO training.

Enjoy,

http://www.borowitzreport.com/archive_rpt.asp?rec=1081&srch=

Gary