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sawdin

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sawdin

Re: cloud8 post# 9472

Monday, 04/04/2005 1:20:23 PM

Monday, April 04, 2005 1:20:23 PM

Post# of 326352
My limited understanding is that Cornell would make money by exercising at the strike price (.20) and then reselling higher. I don't know if they actually have to purchase and resell those warrants on the open market (like ordinary joes have to w/ warrants) or if they can just have NEOM pay the difference between .20 and any given higher price.
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