OTCPK:MEAOD - Post by User
Comment by
JRaffleson Oct 21, 2011 1:09pm
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Post# 19170656
RE: RE: RE: RE: Share Structure
RE: RE: RE: RE: Share Structure
Why would warrant holders exorcise $.50 and $.65 share price if they can buy now on the open market at $.34 ?
there are ~ 8m warrants at 0.65, available to be excercised in the second week of December - If anyone tried to purchase 8m shares on the market in 8 weeks, then the price paid could be as high as $1.34 - therefore 0.65 would potentially be a bargain for over 4% of the issued shares, of a company going into production.