ARHT Media Inc ARHTQ

warrants I tried to discuss 2 weeks ago!!!!

[fruiscante1]

How nobody here seems to want to to note that there are 12,500,000 warrants at $.50 that become tradable on Monday is beyond me. This thing goes down monday in to the mid to low sixties as some will be happy to take some profit on the warrants. You saw the beginning of this happen today, as the smart kids know they can pick it up cheaper then. Then the price starts to come back near the end of the week when the private placement closes. I expect not much over alotment, as many shares were available under $.75 during this time. The placement comes with a 4 month hold restriction (I assume this to be the case with special warrants), but shares purchased on the open market do not. The price starts to move up towards the 15th, in anticipation of seismic news right before the meeting about the KRG getting shares for the other 10% interest. I don't think that the news will be needed to get the vote, as Niko has around 12 or so percent of VST stock alone, and they just did their own deal with the KRG for another 10%, so they will vote yes for sure. The only way it doesn't go down Monday is if they release something to counteract, the placement closes early, and/or the rumored good news from WZR comes out before open.

For what it's worth, I have a 50% long position and 50% trading position in this stock. I'm attempting to beat the gains on my long postition with my trading position from now until spud date. There will be some big, meaty swings along the way, as others drilling in the area have sucesses or failures, and the occasional rumblings from Bagdad throw a damper on things. I see $2 - $3 before drilling, and peaks of around $4 - $5 during drilling. Good luck!