RE: Avg. Share price Now you know the reason for bynotecp's posts. He is still accumulating. I too, would like to have more and don't mind that the SP spends the next 2 to 3 months in this range.
Comment on stock options/warrants:
Warrants are usually a hedging tool by professionals. Sell the stock of a PP and warrants are held until in the money. Once free trading, holder can choose to sell the stock(warrants) if they are in the money. if not, holder can choose to short the stock, and hedge his bet with the warrants depending on the cycle of the SP. As we all know, Summer doldrums are upon us and markets are in a bearish cycle, thus it favors going short rather than long. BUTmost have decided to stay on the sidelines for now. IMO the pent up demand for good Risk/Reward stocks will be impecable in Sept. I am in the camp that VRS will outperform the market and I believe the NA markets will outperform the world markets. Therefore, now is great time to be accumulating. I am.
Options: with small companies like VRS insiders are usually awarded stock options as bonuses for performance. Although the majority of insiders DO NOT deserve it, I do not believe that to be the case for VRS. They have met all their objectives/milestones so far. It is my belief that VRS will be sold out to a large corporation and the majority of the insiders will make a huge amount of money on the buyout. Also, IF necessary, insiders could exercise their options to help the fund the company's efforts on FDA trials, but what TB said in an interview that would be taken care of with a PP of $1.5 - $ 2Million.
Anyway, as I stated above, this is a great time to be adding if you can do it. I am and would be glad to see the SP drag its feet for awhile longer.
GLTA.