Share count post PP / Warrants 2012 With yesterday´s PP included, XBR now has a total of 94,803,185 shares oustanding on a fully diluted basis.
Bare in mind, that the following Warrants expire in 2012:
a) 10,977,000 Warrants at
.30
b) 2,700,000 Warrants at
.40
If they would expire due to not being in the money, that would reduce the share count to 81,1 M fully diluted.
If they are exercised because the share price will be above
.40 (that would be great!), that would mean an additional $4.4 million in the kitty.
FANTOMAS