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geoscience2

07/09/10 1:05 AM

#5320 RE: jonesieatl #5319

"AMEX seems to be on to them." Ya think? LOL I would say the "market place" is to.

Geo

sunset01

07/09/10 9:51 AM

#5321 RE: jonesieatl #5319

Some of the warrants they sold in April will be re-set sometime this month.

Not only will the strike price be lower, they will also receive more warrants.

Then if the company does another financing these same people will get additional shares/warrants at the new favorable prices.

If they don't start producing a lot more revenue soon, the stock price is going to fall further and bankruptcy will soon follow.