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Re: mcmike post# 525

Wednesday, 07/20/2005 11:48:08 PM

Wednesday, July 20, 2005 11:48:08 PM

Post# of 3715
mcmike, I am not RB noonano.period...................
I suggest u read the 10K. There are 65 M options and warrants outstanding. The current SB2 has registered shares for only 18M warrants and options. I doubt if any of them got converted! I believe the oustanding warrants are 65M.If they do indeed get converted then at a average price of 12 cents that would equal $7M. That money would flow into BRVO's coffers. CCE is paying 36 cents, so 14 cents per warrant would go the 12 shareholders.
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