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LouisDesyjr

09/26/15 10:34 AM

#5009 RE: Stockminder #5008

Warrants raised from 10% to 17.5%


I was surprised to see the percentage of warrants raised because in the initial PORs, it looked like if the common shares did not take the 10% warrants, the debtors implied they would file a plan with the common being wiped out.

I do not own the common shares but still look at them because if the strike price calculation is lowered, then they may have value; but at the moment I do not see that happening.

Louis J. Desy Jr.