EXPM:MXMSF - Post by User
Post by
SRT10on Jun 25, 2009 3:34pm
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Post# 16098907
tommer
tommerSounds like the warrants 19 MILLION of them will go away. yeehaa!! that's good IF the stock trades again.
Boy this must just erk sherlock eh!!! Also it sounds like the 4 wells are hooked up and pumping.
I'll spend some time to track down all the other warrants and expiry dates. fully diluted will be reduced to the 80 or so million shares.
looks like
3,023,000 expired June 20/09 NR june 3/08
596,437 Finder’s Warrants expire June 27/09 that would be 1,192,874 shares since those had shares and warrants in those units. (I would think the shares didn't get purchased @ .18 since they could have been had @ much cheaper prices.(NR June 27/08)
19,229,900 units from that final PP.
Looks like a total of 23,110,822 shares won't be issued. All those finders warrants disappear, yeehaa!!
If my calcs are correct the O/S share FD would be almost 25% reduced.
These are rough numbers and I'll be waiting for the company to post the correct numbers in a timely manner on their web site.
I could be wrong and all these warrants may get extended but they would have had to put out a NR stating that . I don't see that NR yet
3,778,667 expire July 30/09