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happistox

08/19/11 1:05 PM

#28462 RE: joaopaulo #28461

Based on the other response I was under the impression that the A shares and A warrants were both 1. If warrants were higher (lets say 2) everyone would exercise bc it would be a no brainer. I am still very unclear though.....

Austinvball

08/19/11 1:19 PM

#28464 RE: joaopaulo #28461

You get 1 share and 1 warrant. The warrants are CBIS's way of raising money because that capital will be paid directly to the company. But be careful because the shares from warrants will probably come with a 6 month hold period.