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wisconsinstock2

05/07/10 5:31 PM

#6474 RE: AccipiterQ #6473

Wake up he would be paying almost the same price as regular shareholders at .19 and .14. He will have to exercise meaning purchasing his 16,000,000 million at .14 and .19 before September 2010. HE MADE THIS DEAL in 2007. WAKE UP. He thought it would be alot higher when he did this in 2007. Well it isnt and now he want just 2 more years to extended it to 2012. So he can wait for it go back up while he purchases his low ball shares. The company wont alow this and we will win in court because it was all on paper for the warrants to be exercised by September 2010.

This is GOOD because he would have to purchase 16 million at .19 and .14 BY September 2010. Mr. Quirk contends that the expiration date for shareholders holding more than 10% of HDC's common stock is extended automatically by two years to 2012. But he is wrong considering it was in black and white for September 2010 when he made the deal in 2007 to do this.


He wants to exercise it WHEN EVER HE WANTS LOL meaning Exercising: A warrant is exercised when the holder informs the issuer their intention to purchase the shares underlying the warrant.

Expiration Date:If you plan on exercising the warrant you must do so before the expiration date.


We will easily win and we will have to exercise his warrant and purchase his shares before September 2010 making it icing on the cake.

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SmoothTrader61

05/07/10 5:42 PM

#6476 RE: AccipiterQ #6473

Here is my thoughts (I could be completely wrong though)

This Quirk guy is supposed to have the option to buy these millions of shares at .14 and .19 right,(because this is a good deal) well for whatever reason he decides he wants more time. Barnhill says sorry Mr Quirk, you have to purchase by September or your warrants expire.

Quirk says...ok Barnhill, if you want to be that way then here is what you get....

Files lawsuit and then commences to sell a few million out of his 55M to drive the price down and create a panic. I believe he bought in at .08 so he can still realize a small profit.
Once the price gets low enough he can buy back many more shares little by little at a price way below .14 and .19 and he then doesn't care if the warrants expire.

Either way he must still think there is great deal of potential here or why would he care about the warrants at all, he would just let them expire and go away. He just wants more time, maybe he knows things aren't going to happen as soon as they were supposed to and doesn't want to tie up that amount of cash for so long.

OK, these are some random thoughts at this point, comments are appreciated.