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diehard2

12/27/17 12:00 PM

#48011 RE: DONT SQUEAL #48010

So, when price is at 4, they can convert 3's?

deal guy

12/27/17 12:18 PM

#48020 RE: DONT SQUEAL #48010

DS

They didn’t pay anything for the warrants. They are all part of the initial jv and digester transaction

They will pay the .0003 per share to ecos when they exercise the warrants. They should be in no hurry to do that as it is like an option They have years to exercise the warrants. Most investor exercise the warrants when the share price is sustainably over the warrant price for at least 30 days or more ( in some cases much longer depending on exercise price).