Replies to post #23 on China Ceramics Co. Ltd. (CCLTF)

[stocktrader2222]

Yeah but you are also implying that the $116.5million will be raised from the warrant conversion to pay for the $40million CAPEX...but they cant redeem all the warrants unless common is over I think $14.25 for 20 out of 30 trading days.

So they dont have $100million in cash on the books...