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ChuckBits

04/05/16 1:14 PM

#14218 RE: sirglenn #14216

How many remaining warrants have you factored in?
What is the value of one warrant?
What is the debt liability to buy out all warrants?


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iwant1mil

04/05/16 2:25 PM

#14221 RE: sirglenn #14216

If the R/S is a poison pill to prevent a takeover, wouldn't it also be a poison pill for every investor? This turkey is toast and still drops every day. It will be worth even less after they do the R/S, because then everyone will know for sure that they don't care squat about shareholders.

The only thing I am not worried about at this point is the big R/S. Why? Because that appears to be a poison pill they adopted in hopes of fending off a hostile takeover. Guess what, at this price Altria or some other company could buy them for pennies on the dollar.