Replies to post #3265 on CryoPort Inc (CYRX)

[CYRXorbust]

if warrants are expiring and people plan on exercising wouldnt there be concern that they would immediately be sold? and does anyone know how many shares we are giving roswell a month in interest?

[baseball fan]

Its much bigger than that:

During the year ended March 31, 2008, the Company issued a total of 6,261,375 warrants to purchase shares of the Company’s common stock at an average price of $0.42 per share to 79 individual investors in connection with funds raised in private placement offerings. The warrants were issued with exercise periods of 18 months originating from the related investment dates. The expiration dates ranged from December 2008 to October 2009.

If they were all excercized, this would raise $2,629,777!