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Re: Gsdubb post# 6600

Saturday, 03/29/2014 12:40:27 AM

Saturday, March 29, 2014 12:40:27 AM

Post# of 106837
A warrant is "born"? What kind of term is that? Warrants are granted. Read the terms- they have a 6 month wait/hold period and then a "life" before they expire, in this case about 9 or 10 yrs it appears. Many were granted clear back in early 2013 per the 10-Q.s and statements in this 10-K. By the 10-Q ending Sept 30, 2013 it said 35 million had already been granted. Do the math- 6 months from there means a great deal, or most of those 35 million are already issued and would be sellable IMO and understanding of reading the documents. Show otherwise if that's not correct?

What is not clear about that? Why would someone think this has something to do with some impending, supposed "big" finance deal? Nothing points to that whatsoever IMO. They've issued warrants like this on the same type of financing for many yrs in a row.

Look at the 2012 numbers for warrants issued: 10-K, PAGE 58
"During the year ended December 31, 2012, in connection with the sale of common stock, the Company issued an aggregate of 22,396,432 warrants to purchase the Company’s common stock at an exercise prices from $0.014 to $0.03 per shares exercisable in six months and expiring three years from issuance."

So in 2012, they did the exact same thing- less options of course, as they sold less shares for less financing and the dilution increases, means someone like Asher gets more shares upon conversion. But still, 22 MILLION warrants in 2012- and no "big" supposed "imminent" financing "deal" came of it.

Assuming some "big" finance "deal" can be supposedly "inferred" based on the warrant statement in the 10-K makes zero sense, IMO? Elaborate on this theory to back it up? What proof is there to any of this speculation, which is all it is IMHO? Also, as noted in, those warrants are NOT necessarily all "Asher" as was implicated- read the 10-K.