Warrants....simple.I believe the last round of warrants expire in Nov. 2008, thats only 9 months out so the window of opportunity is closing quickly. If a potential warrant purchaser has in fact faith in FR, then just buy the stock now and forget about the warrants. If stock was bought here in place of warrants, you already have a price appreciation of 2 dollars per share compared to the exercise price of $6.50. If, on the otherhand you have little faith, buy warrants and take a chance...warrants at this point are for pure speculation and lack of faith.
My belief is this....with FR sooo cheap here, the biggest risk as I see it is being taken out,(FR sold) and I would really hate to see that happen as we have a diamond in the ruff here. With hedge funds in full control at this point and a terrified public, its a wonder stocks are worth anything. I expect this time next year FR will be far better known and hence at a far higher value. One thing in all the daily noise that brings me comfort is knowing nobody has more on the line than Keith N.
Patience Grasshopper,
gary