NAV/WARRANTS: Answer from IR

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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tannersfriend

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NAV/WARRANTS: Answer from IR

in response to

Re: Cast of characters...

tannersfriend

posted on Jan 28, 2015 02:56PM

Just to complete this issue, I owe you the reply of Richard Patricio, interim CEO of Pinetree:

All warrants are valued at their intrinsic value and to the extent they are ‘in the money’, that value is in the NAV.

So exercising warrants will not change the NAV, but a higher SP will do the job...

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