Replies to post #3268 on Global Resource Corp (fka GBRC)

[mrintheknow]

my understanding of warrents is that they are redeemable at the price stated. In this case you can obtain gbrc shares when the conversion takes place at the $2.75 mark. This is only an advantage if the actual share price is above $2.75. again this in my opinion and I might be wrong

[kennypooh]

sunseeker - A warrant is an option to purchase X amount of shares at a set price before an expiration date. You will receive your warrants along with your new GBRC shares when the registration is approved.

You must come up with the purchase price in order to exercise them.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32857511

The expirations have been changed to 120 days from the date the SEC approves the registration.
http://www.sec.gov/Archives/edgar/data/1128949/000101968708005175/gbrc_8kex99-1.txt

[kennypooh]

Sunseeker - Mobilstream warrants are at $4.75.

Do you have Carbon Recovery warrants @ $2.75?