Replies to post #6301 on Spectra7 Microsystems Inc (SEV)

[SEV123]

They received 1.538 warrant for each 1 convertible debenture. So if they bought 20,000 shares in the past at say .35. they sell them today at .59 or better, pocket the profit as those 20k sold are now covered by the 20k free warrants they received.