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News Focus
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spec machine

08/01/08 1:50 PM

#73321 RE: J-RO #73318

Even though I'm a total skeptic on the "MM conspiracy" theories, I'm now going to subscribe to the "secret MMM weekly newsletter"

Now I believe

where do I send the check?
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Rom-lis

08/01/08 1:57 PM

#73329 RE: J-RO #73318

Thanks - still trying to understand :) It all makes sense

Just curious - why Prospect is /was not listed on list of institutional holders? They should be, or not?

http://www.nasdaq.com/asp/holdings.asp?symbol=DPDW&selected=DPDW

Will we see any SEC filling about their today´s transaction? Do they have to report it, or not?
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SageWise

08/01/08 6:24 PM

#73372 RE: J-RO #73318

One thing I don't know/understand is the PPS used for the cashless exercise by Prospect. A July 3rd cashless exercise of 4960585 warrants
(day's range was between .84 and .87) at an exercise price of .507 and using a high of .87 would give back Prospect just over 2M shares. For 2618129 shares (assuming no other costs other than the $.507 per warrant), the PPS would have had to be around $1.07 per my calculations.



Sage