Nonsense85,200,000 Class A warrants with an exercise price of $0.07
The Class A warrants expire on December 19, 2009 anyways.
If a holder electsto exercise an Existing Warrant, the Company would issue to that holderan inducement warrant (the "Inducement Warrant"), representing the samenumber of shares as the Existing Warrants exercised by the holder. TheInducement Warrant would be exercisable for 24 months from the date ofissuance at a price that is the Company's shares' volume weightedaverage trading price as traded on the TSX for the five daysimmediately following issuance of this news release. The holders onlyhave until November 13, 2009 to exercise Existing Warrants in order toqualify for Inducement Warrants.
THIS IS CRIMINAL.THE HOLDERS WILL EXERCISE .O7 WARRANTS ANYWAYS BEFORE DECEMBER 19 WHY GIVE THEM 85 MILLION MORE DILUTING WARRANTS FOR A FIVE WEEK BUMP.THIS CANNOT BE ALLOWED BY DISINTERESTED STOCKHOLDERS.
WHO NEGOTIATED THIS? ANNE BOLEYN AFTER THE BEHEADING?