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amazingkarma

06/06/07 12:34 PM

#135 RE: alien42 #134

That means that they don't get any cash from the holder selling the shares into the market like they would if they sold treasury shares.

The inherent part of warrants is that the purchase price is paid to the company, they get the shares, then sell them into the market. (at which point SUWN gets nothing)

That's the point of warrants, otherwise they're simply buying on the open market at .65 which they're not doing, they're buying them from SUWN.