InvestorsHub Logo
Followers 7
Posts 4096
Boards Moderated 0
Alias Born 05/25/2006

Re: Lojiko post# 19867

Friday, 03/08/2013 10:46:18 PM

Friday, March 08, 2013 10:46:18 PM

Post# of 26631
Look carefully at the warrants expiry.

There are a bunch of them @$0.65 around June 2013. I think it is about 3MM. Then there are 33MM at the end of the year more or less at $1.45. If the share price is below $0.65 this June and below $1.45 at the end of the year about 38MM warrants disappear. The company is very aware of this fact as are all the large investors.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.