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Re: nsomniyak post# 3854

Wednesday, 11/17/2010 1:38:09 PM

Wednesday, November 17, 2010 1:38:09 PM

Post# of 6280
Depends. Are the warrants void when ownership exceeds 20% or does ownership cap pertain to time of excercise? In the meantime, they only own 12.2% alowing them to buy another 7.5 million shares to stay under 20%. Remember they are sitting on
$42,000,000 from recent AVNR sales.

Ralph

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