Monday, October 08, 2012 8:25:24 AM
show your work.
this is from the 8-K:
"The Investor has also received a warrant to purchase shares of common stock of the Company equal to $1,660,000 divided by the Market Price (defined in the Company Note, as of October 1, 2012) at an exercise price of US$0.075 per share at any time within five years after October 1, 2012. The warrant also contains a net exercise provision"
We both agree on the exercise price of .075.
Let's see your equation that includes the part "divided by the
Market Price". I would like to know what value you use
for Market Price, and as of what date.
this is from the 8-K:
"The Investor has also received a warrant to purchase shares of common stock of the Company equal to $1,660,000 divided by the Market Price (defined in the Company Note, as of October 1, 2012) at an exercise price of US$0.075 per share at any time within five years after October 1, 2012. The warrant also contains a net exercise provision"
We both agree on the exercise price of .075.
Let's see your equation that includes the part "divided by the
Market Price". I would like to know what value you use
for Market Price, and as of what date.
everything is my opinion
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