Rim Semiconductor Company (fka RSMI)

[iamshazzam]

shallow - I copied this direct from the 8k - what do you think?

In connection with the issuance of the Debentures, the Company issued to the purchasers of the Debentures warrants (the "Investor Warrants") to purchase shares of the Company's common stock, par value $0.001 (the "Common Stock"), with warrants for 11,312,220 shares being exercisable through the last day of the month in which the first anniversary of the effective date of the Registration Statement (as defined below) occurs at a per share exercise price of $0.1547, and warrants for 22,624,430 of these shares being exercisable through the last day of the month in which the third anniversary of the effective date of the Registration Statement occurs at a per share exercise price of $0.3094.