Re: Another perspective - informer - Napapro, SGE - OTC
in response to
by
posted on
May 04, 2007 11:16AM
I'm not sure what you mean. If they offered a 2% divy (as incentive?) to encourage S&L to sell PTSC 10M warrants, I don't see how that would work as an incentive (because upon release of the qualified warrants, the warrants wouldn't be there to get a dividend).
Perhaps you mean PTSC offering a 2% premium over market value for the price of the warrants to be acquired. I could handle that no problem!
Such an action would probably bolster the PPS, as I think it would be universally seen as a good thing. But the kicker would to buy up ALL the warrants. A big piece of our upward resistance would be gone. The only things resisting would be trader action, scaredy cats and MMs. One other thing - S&L could start selling shares. That why I'd like to see them commit (non-binding - just a statement of intent) to hold until certain PPS thresholds are met. I'd love to see a PR saying that PTSC had bought up all outstanding warrants (including those not yet vested) and that S&L had made such a commitment. Huge risk removed for retail investors (US!).
JMHO,
SGE