Replies to post #1157 on Nephros Inc (NEPH)

[diannedawn]

but there are selling restrictions on these shares.

First time I've seen anything about that.... can you point me to the filing that says that?

There is no IF anymore! the proxy passed approving the increase in shares for the rights (the deal was if if it DIDN'T pass there wouldn't be a split)

They have stated MANY times that the 1 for 20 split is happening IMMEDIATELY after the rights offering CLOSES. The rights expire Feb 28, the company has in the filing that they expect the rights offering to "close" around March 7. I'm expecting the split to happen then.

so obviously there will not be any warrants exercised before the split (unless you do it immediately) and what would you gain by that? buy the shares at .02 and sell them at .08?
Wouldn't it be better to wait and see what the share price does over the 5 years? I'd think that most of the people still here believe that they will get the filter approved someday. It sure would be nice if they would tell us what is going on with the FDA.