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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Re: Why is SPQ Management proposing this RS now?...

Re: Why is SPQ Management proposing this RS now?...

posted on Jun 09, 2008 07:34AM

JD, what are you talking about the warrant prices for? Don't you realize that their strike price will be influenced as well? That too is written in the resolution. If the RS is for 10:1, then the strike price for all existing options etc will be at 10 times the current level.

So those 17 cent warrants will be exercisable at $1.70

Enough with the Board of Director conspiracies. They go to jail for this stuff, because it is illegal ! Guarenteed that if there was something shady that we can find out, the regulators will get to them first!



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