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236T568

05/29/13 8:58 PM

#12247 RE: Durand #12245

actually, no

the funder can do both

he can lock in his returns by shorting shares as he converts the loan and he can hold on to the Warrants in case the stock goes up or in the event that MIMV raises funds at below .25 so that the Warrant exercise price will get adjusted to the lower levels

to not understand the above is just plain silly



So this funder can either start selling short and pray that he makes money before the bid drops below .10 or he can hold his shares and make a big return in 6 months. You really need to read the 8K to understand which choice this funder will make