Replies to post #3293 on Remark Media Inc (MARK)

[jfkspire]

$MARK Remark has successfully raised $24.8 million to $49.6 million capital from A. G. P/ Alliance Global Partners: ... The latest S-3 filing indicates 127K Financial Advisor Warrants issuable to A.G.P/ Alliance Global Partners upon execise. We can reasonably assume Remark has successfully raised $24.8 million to $49.6 million capital from A. G. P/ Alliance Global Partners because this type of warrant normally is a way to compansate the fund raiser for amount at 0.5% to 1% of the total fund raised. At $1.95 striking price, the company makes sure the warrants will not be execised immediately given the high requirement of locked in liquididty and high tax rate. It is actually a bullish sign that extra capital raised and no immediate dilution in sight.
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