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lucky9

02/15/14 6:43 PM

#532 RE: THEPK5 #531

The offering was for 6.8m shares and 2.2m warrants so it adds 9m shares to the total # shares outstanding which now stands at 79m shares I think.
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Manti

02/16/14 5:34 PM

#534 RE: THEPK5 #531

The OS technically does not change, but shares in the treasury would be reserved to cover the warrants, and the float remains the same.

I suspect eps would still be calculated on a fully diluted basis, which in my mind would include the warrants since they're essentially paid for. But that's over my head: they may be able to ignore them until the extra penny is paid...