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Message: Baba's answer re the pricing of the warrants.

Taking my previous post one step further. Why didn't the underwritter simply buy warrants for .035 for the leverage at very little cost? In other words the underwritter would not want to sell their common shares at less than .5375 otherwise it would not be logical.

The selling this week was primarily from selling out of Fidelity with 856k sold and selling through Anonymous. With the majority of all other houses buying those shares. 

 

 

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