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NotRichYet2

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NotRichYet2

Re: 89robert post# 27

Tuesday, 04/24/2012 7:00:17 AM

Tuesday, April 24, 2012 7:00:17 AM

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Double again???? Read today's 8K filing. The $35m is in the form of about $14m for 14m shares at $1.03 plus 7m warrents with rights to purchase at exercise price of $1.03 and another 7m warrents with rights to purchase at $2. If all warrents are exercised that gets them 28m shares altogether at average cost of $1.25. The close on Monday was $2.51. So currently if you pay more than $1.25 a share IMO you are OVER PAYING short term.
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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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