You're serious right now?

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Why would EE want to extend the warrents when the price is so much lower now? Well if he is in blackout (not saying he but if) and couldnt purchase shares now he still has his $1 warrents. When the blackout is lifted the pps could be significantly higher and the $1 warrents are in the money and then some.

Capiche?

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It literally says, "Why would EE want to extend the warrents when the price is so much lower now?" Isn't it obvious, its more shares he could potentially have. As I said it doesn't hurt anyone who owns warrents to have it extended, they just sit there until you buy them. Of course it could be higher, but it could also be lower and never get that high, meaning the expire and you don't get them. That is part of the risk in being in a PP, you know not to mention they are just free shares as you got what your pruchased in the PP already.

Now lets go to the other post

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Bottom line is they could of cancelled the warrants and done a financing down here to replace them. They could also cancel the much higher priced options, reset and reissue. Instead Ernesto extends a dollar warrant he got for financing at a much higher price than its trading at today.

And maybe they will finance and reset, I don't know. But there is NOTHING negative about this warrant extension.

ttfn

nopoo2

R. Mills

Ahead of the Herd

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So if they expired we would have to replace them? Why the hell would we need to do that? Are they already counted as purchased and assumed to be in our bank or what? We don't need money, so I dont know why we would ever be going for any financing until we start to get dry. We established after the year end results we have well over 2 years money in the bank at current expendature. This is upped as the recommended message when honestly almost all the content in it is incorrect. We wouldn't have to replace them at a lower level, we wouldnt be redoing them at these levels. Extending them is nothing but a benifit to the people who own the warrents end of story, it does nothing buy keep more dillution (which can easily be unneeded because we have money and could be bought out before we require money or recieve another 20mil from a production decision). There isn't even a discussion around that, it's just the way it is.

So I propose, maybe you go read it again.