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learner1156

08/01/11 10:17 AM

#104732 RE: supermegadope #104731

Could it be an insider, which IMO would nullify any concerns about the amount?

jpp09

08/01/11 11:15 AM

#104740 RE: supermegadope #104731

Remember that this is just an option to buy, the actual amount required to buy is most likely more then $1 million, up to $4 million. SRSR/Nio-star would have needed to earn/ forecasted to earn, $70 million + before it made sense to buy out this option (after ~$70 million they would be paying out more then it would cost them just to buy it out). At that point do they care about 1.5% ?

Obviously if this all goes as planned, whomever bought that option could make millions. ... If all goes as planned, someone whom invests $175k in SRSR stock this year could also make millions.