corg.ob submitted SB-2, selling 1.5 million shares to Barrons for $1 plus 1.5 million warrants. Outstanding shares will almost double. Bobwins
We have an aggregate of 1,500,000 warrants outstanding in the form of warrant A and warrant B. Warrant A represents 750,000 shares of common stock at an exercise price of $2.00 per share and expires on March 3, 2008. This warrant is subject to a call by Cordia if during the period from six months and one day from the initial issuance of the warrant until March 3, 2008 the closing public market price of Cordia’s common stock is equal to or in excess of $3.00 for a period of twenty consecutive trading days and this registration statement is effective.
Warrant B represents 750,000 shares of common stock at an exercise price of $4.00 per share and expires on March 3, 2009. This warrant is subject to a call by Cordia if during the period from six months and one day from the initial issuance of the warrant until March 3, 2009 the closing public market price of Cordia’s common stock is equal to or in excess of $6.00 for a period of twenty consecutive trading days and this registration statement is effective.
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If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE