They repriced the warrants so that Armistice would exercise them. It puts money in the coffers. In case anyone is interested in what Armistice can do for a stock, check out Cerecor (CERC). They started buying when the stock was in the high .30's and no one wanted them last summer. Kept right on buying for weeks. Stock price is currently $4.24 after hitting a high of $5.74. Even though tomorrow won't be much fun, personally, I'm glad that Steven Boyd (CEO of Armistice) has skin in the game.
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