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Go_Stocks

06/16/05 6:53 PM

#1576 RE: Pay_tience #1573

PP, you forgot I was an option trader one year ago :-) haha.

The warrant gives the rights for TPL to buy the stocks at a particular price WHEN the stock price goes higher than the exericsable price. These warrants would be worthless or have no value if the stock never goes over the exercise price within a defined period of time. Patience and time are the enemies of option trading, on the other hand, patience and time are the friends of OTC BB stocks. So now you understand why I lost my shirt on trading options last year :-)))

Make it easy for you to understand, if PTSC goes to $10, TPL can buy 700K shares at $0.50, 0.75 and $1 from PTSC directly. If PTSC never goes over 0.50, they won't get any these shares.

BTW, welcome to the OTC BB land, a place where real gamblers are in play.