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FatFatCat

12/19/06 3:03 PM

#25593 RE: bunne #25589


Yes, and that speaks of great confidence on Larry's part.

The way the divi was structured before this PR you had to spend $.78 and it would have been a real roulette play, because the exercise date was so soon after the award date. You would have had to use the warrants virtually on faith alone.

Now we hopefully will get a chance to see how SA1 performs before we are forced to exercise the warrants. In my mind that means Larry is quite sure SA1 will be performing very well.

Let's all hope so, anyway!