OTCPK:SPVEF - Post by User
Post by
kenndagoose3on Jul 23, 2007 12:26pm
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Post# 13134330
RE: Warrants
RE: WarrantsThe Annual Report Item #9 Outstanding share data says:
8,571,429 warrants with an EXERCISE PRICE OF $2.00 and EXPIRY DATE OF 28-July-07.
Why would anyone buy warrants about to expire with and exercise price
way above the stock price? It doesn't make sense.