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Deep Space

06/25/12 8:56 PM

#33573 RE: turokman #33569

Great post Turokman. I noticed they made these warrant plays up to the end of the 1st q. I would think with growing sales and accounts receivables MP should be able to get a good credit line with a decent rate. These derivatives served a purpose.Now no more . Is this how you see it? Tia
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fallschirm40

06/25/12 8:56 PM

#33574 RE: turokman #33569

Solid reasoning.
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deafelephant

06/25/12 10:28 PM

#33588 RE: turokman #33569

Thank you. That was a good explanation.
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learning curve

06/25/12 11:37 PM

#33598 RE: turokman #33569

TurokMan, did you notice if some of the warrants never had an expiration date? At 1.00 or .50?

Even though it's only a million shares or so....couldn't this actually be a heavier burden than we think? Especially if they are infinite in time? Meaning they will always be valued at $1million cash until they have been sold? That in itself is almost 6% of companies current market cap.......and at the same time only .001% of the O/S??

I'm learning too...have you tried looking from this angle?