Replies to post #3694 on Titan Pharmaceuticals Inc (TTNP)

[dbg1969]

I don't think the warrants will get exercised to any great extent considering that they only get 0.75 warrants for each common and are to be exercised at 110% of market starting one year after purchase up to five years. Additionally they will not register additional shares for the warrants and they do not intend to list the Class A Warrants on any securities exchange or other trading market and they do not expect that a public trading market will develop for the Class A Warrants. Without an active market, the liquidity of the Class A Warrants will be limited. Just my .o2 cents....

http://ih.advfn.com/p.php?pid=nmona&article=63871093

[dbg1969]

Just to clarify that is 20 million units which include 10 million common and 10 million warrants valued at 0.75 of a 1 common share. that would be 17.5 million if all warrants are exercised.