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Re: PayDirt! post# 12931

Tuesday, 10/09/2012 9:21:52 AM

Tuesday, October 09, 2012 9:21:52 AM

Post# of 30712
As stated:

"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."

Divide $1,660,000 by .0229 and that is the number of shares that they can buy at .075.

Am I missing something?
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