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Re: hweb2 post# 159727

Thursday, 03/20/2014 3:02:01 PM

Thursday, March 20, 2014 3:02:01 PM

Post# of 173837
There is one red flag on CCNI that I would point out after quickly reading the 10K:

NOTE 11 – SUBSEQUENT EVENTS

In March 2014 we received notice that a non-management owner has elected to exercise 4.2 million warrants with a strike price of $0.08 per share. These shares have not been issued as of the date of the release of these financial statements, but we anticipate they will be issued in the near future.


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That's a TON of low priced shares that could weigh heavily if the warrant exerciser decides he needs to raise some cash.
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