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ZincFinger

07/22/13 11:03 PM

#491 RE: buccaneer1961 #482

There were a huge number of warrants given in that secondary (equal to the number of shares sold. So your claim about "no worries about dilution" is just plain wrong. IF all exercised those warrants would be just as much additional dilution as the shares sold.

Warrants create a resistance to SP increase until they are all exercised.