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Wednesday, January 15, 2014 8:56:18 AM
Dagshah...the net effect would have been the same, (warrant vs. option exercise) except management appears to have secured an "informal" commitment (which is in the option holders best interest) not to sell the shares they receive "net" (over 1M) into the market when they are exercised shortly.
The practical net effect warrant vs. option on potential of over 1.8M (netted out to over 1M) being "dumped" into the market could have been the same...but as noted...Steve represented that the "insiders" will not do so...for obvious reasons. They are holders (per Steve)
...few if any SH had their eye on this issue...good that it was addressed at CC.
The practical net effect warrant vs. option on potential of over 1.8M (netted out to over 1M) being "dumped" into the market could have been the same...but as noted...Steve represented that the "insiders" will not do so...for obvious reasons. They are holders (per Steve)
...few if any SH had their eye on this issue...good that it was addressed at CC.
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