RE: RE: RE: RE: Hate to Agree But........From what I have added up from the Ink insiders report from today,
insiders hold a total of 6.33 million warrants/options. I think the weighted average of the warrants was .723 cents if someone can correct me.
Lets assume that number, and that insiders would act to the benefit of the company.
If that were the case insiders alone could come up with $4.54 million.
The average priced paid for the warrants on the open market was about .35 cents + exercise of .75cents means the common SP needs to hit about $1.10 to see a wave or warrant and options moving around.
The one downside that I can see, is the September 9, 2012 expiry.There is little incentive to cash in the warrants when they are in the money, when I'm leveraged into them at 7.5 to 1.
The simple solution to force option and warrant holders into exercising them is....A BUY OUT.
Gee it's almost like management planned that or something.
I want to make money, es tu n'est pas? I don't care if the SP will be worth 10x 5 years down the road, when some one is offering me 3x my investment in 5 months time.
Would you rather have to wait 5 years to make 10x or wait 5 months to make 3x?The former should be holding AAA and the latter should be holding FED.
Or those who like to think themselves as smarter than the average bear - FED then AAA.
Where do you think AAA's SP is on the chart bellow?
Where do you think FED is ?
nuff said