RE:Maybe in 3 years The Conv. debenture holders get paid 10%/yr interest and can then convert into shares at $0.12. They don't care if the warrants ever get exercised.
Liked2Think wrote: The stupid people that gave this company more money can exercise their warrants at 23 cents! ha
Or if the stock goes over 30 cents a share average.
So basically those people will never see their money again but they likely dont care. When you are rich its good to have a write off and edgewater is a for sure write off.
Dont worry they will use that money for normal day to day options of paying a couple people and basically thats it.
Unreal a pathetic company like this can still manage to get hand outs.