GREY:ARWJF - Post by User
Post by
str8tgoodson Aug 02, 2011 9:14am
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Post# 18894237
9 Million Warrant @ 20 cents
9 Million Warrant @ 20 centsOnce these are out of the way, the price should take care of itself.
"Right now we’re incredibly undervalued in the market, and a large reason for that is that when we first started the company we did a financing at
.20 along with a
.20 warrant," says Cooper. "So we have a pretty heavy warrant overhang with about 9 million warrants right now. Daily, I’m seeing more warrants being exercised, with more cash coming in.""Obviously, I’m aware of it, and care about it on behalf of shareholders as I watch it daily, but while we’re continuing to build cash flow, the stock price will take care of itself once the warrants are out of the way. They say cash is king, but cash flow is King Kong."