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DewDiligence

12/28/11 7:52 PM

#5543 RE: biolover #5542

I still think it is indirect dilution! I mean more shares in the market to trade.

True; however, if you’re long, this is the kind of dilution you prefer to see happen. Consider the alternative: If the warrants in question never get exercised, it implies that the share price remains below the exercise price when the warrants expire.