Hey GH,

Let's not forget that this transaction was concluded privately...which probably means that the original holder may have anticipated not having the $1 million dollars to exercise the warrants by the deadline, and chose to liquidate for $0.005 per warrants...not unlike buying options...the closer you get to deadline the less they are worth ("puts" of course, when the current price is lower than the strike price).

It certainly sends a strong message to shareholders without divulging sensitive / confidential material information. If Fransk is willing to put in another million of his own money in the next 3.5 months, then IMHO it is not with the intention of selling for $0.11 :) LoL...he probably also wanted to activate those "treasury" shares for voting purposes.

Anyway, thanks for all your good input on this board...I for one very much appreciate it...

Good luck to all KWG longs

Le penseur