Re: Curious as to others thoughts ..patientman...
in response to
by
posted on
May 15, 2007 10:47AM
If I get your "drift", SWARTZ is converting all his warrents, selling enough shares between $.51-$.63 in order not to exceed 9.9% of the float, and thus hoping to end up getting all his money, plus end up with 9.9% of the total shares out there for free. And, he is trying to do all this before the Markman ruling comes out...
Not a bad plan for Mr. SWARTZ...
At the SHM I recall Pohl commenting that there were about 132 million warrents issued before his coming on board, and they had been reduced to 32 million...
It would be interesting to figure how much SWARTZ has reduced the 32 million number to date...
GLTA...
Gil...