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Eastern Company EML

The Eastern Company manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. The Company has one reportable segment: Engineered Solutions. The Engineered Solutions segment provides engineered solutions to support its customers needs in the commercial transportation and logistics markets. It designs, manufactures, and markets a diverse product line of custom and standard vehicular and industrial hardware, including turnkey returnable packaging solutions, access and security hardware, mirrors, and mirror-cameras. It offers a standard product line of rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, among other products. Its subsidiary, Velvac Holdings Inc. is a designer and manufacturer of proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications, and a provider of aftermarket components to the heavy-duty truck market in North America.


NDAQ:EML - Post by User

Comment by CalifDreamingon Jan 12, 2008 2:22am
236 Views
Post# 14192078

Another 15MM $0.22 warrants expire in March

Another 15MM $0.22 warrants expire in MarchThe last warrant expiry crushed the share price despite underlying ownership of Atomaer and the cash in the bank (and the tasty concessions). I suspect the same morons will eagerly dump again as the expiry approaches. As such, I hope to see a repeat of recent events (ie buy at $0.22 and flip at $0.41 less than 3 weeks later). But if not, I can't complain - it was a belated Xmas present.
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