Replies to post #173 on Learn to Trade

[clearcoated]

"Total loss if all Warrants exercised and sold at market on July 10, 2008 .... $4,904,160"

http://www.sec.gov/Archives/edgar/data/1190132/000114420408040840/v120371_prer14c.htm

That's 99.68% loss of a $4,920,000 value... unless I'm not understanding the deal.

Also, saw that the a/s stays at 700 mil following the r/s, while the o/s is projected to be 5 mil. But that is their reason for the r/s... to give them breathing room in the a/s.