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Friday, June 21, 2013 4:43:45 PM
If the warrants are exercised 2M shares will be issued and that would dilute existing shareholders. As an existing shareholder greed enters into my thinking. Dilution means less for me down the road, however at the same time I am also grateful to the whales for enabling the company to reach this point, so I am fine if an update is issued.
In fact I do expect an update before July 6, possibly next week. I anticipate that update will overwhelm the exceedingly powerful forces that control the stock price on a daily basis and we will see a increase in the stock price beyond the exercise price as a consequence.
So yeah like other investors I would be thrilled with an official validation of my investment an update on #3 could bring, but that does mean a slight dilution of my investment. Not a biggee.
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