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Re: kidnova post# 3226

Thursday, 03/03/2011 9:22:51 PM

Thursday, March 03, 2011 9:22:51 PM

Post# of 6835
funny how they left that out.

They can't hold more than 5% so

say the OS is 200M, 5% is 10M, 4M at .03, and another 7M at ???

They would have to sell a million shares to exercise all those warrants. But what is the incentive to exercise them now. I'd wait until the pps is north of .12 (or something like that) and then exercise them. Its the warrants that sweetened the 4M now at .03 deal imo.

They could have bought 4M at .03 in the open market last week. Somehow I don't think a 4M buy would have moved the pps the way this trades.


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