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jayree

08/01/11 9:31 AM

#1443 RE: jayree #1439

smokey.. your break even should be less than $10...

You have >$150K at a cost average of 2.45 after split is around 3000 shares....
You hae 300K warrants divide by 20 is around 15K shares costing .40 cents each or around $6000

You have >18,000 shares

If the stock reach $10, you have $180,000 which is > than $150K + $6000 to exercise the warrants

This is not accurate... just approximation.